Comment by ajbt200128
5 hours ago
Sorry Bence I trust the FT journalists to have due diligence w.r.t. what evidence of AR they got from investors (who got it from OpenAI). I completely believe that the company helmed by "not consistently candid" sama bullshits investors about their AR which is the point of this article.
Though I agree with your sentiment that FT is reporting this stuff in a way to stir the pot and create outrage. Speculating about a private company like this is stupid.
FT clearly didn't do their due diligence, since the auxiliary information provided with the $70B leak (about e.g. growth rates and enterprise sales) made it clear that the number could not possibly be correct.
It just wasn't clear exactly what the error was (e.g. was a projection of a $70B ARR by end of year being misinterpreted as $70B ARR now -- that would have been stupid, but less stupid than the "investors added a fudge factor to the numbers" story that they're now going with).
fair enough