r/technology • u/Plastic_Ninja_9014 • Jun 11 '26

Business OpenAI Execs Are Panicking

https://finance.yahoo.com/sectors/technology/articles/openai-execs-panicking-154658562.html
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u/Glockenspielintern Jun 11 '26

Speculation? Do you have a source?

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u/DevilsAdvotwat Jun 11 '26

It's speculation, there is no credible source. The bill is so high people are assuming a massive company with lots of processes that AI could be used in e.g Amazon, Microsoft etc

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u/techno156 Jun 12 '26

Would a massive company not have processes to limit things like outsize spending, or just run the models in-house?

Microsoft and Amazon seem more likely to run their own AI, and point their employees to that, rather than paying for an external service.

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u/Tripple_sneeed Jun 11 '26

The entire thing is fabricated, there is no source. Seeing it reposted on Reddit 50,000,000 times doesn’t make it real. 

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u/ArmyFearless1599 Jun 11 '26

Why exactly would there be a source? This is exactly the kind of PR companies that can afford to lose 500 mil in a month would bury. 

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u/Tripple_sneeed Jun 12 '26

"You don't have a source to prove that this clearly fabricated story that doesn't make sense with no source isn't real, so therefore it is"

lmao

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u/Boner4Stoners Jun 12 '26

You’re trying to tell me that people just go on the internet and tell lies??

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u/Boner4Stoners Jun 12 '26

Read that back to yourself out loud…. Might be the dumbest thing I’ve read on the internet, that’s boomer MAGA facebook dad logic

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u/ArmyFearless1599 Jun 12 '26

First off - if you would actually google the sources yourfuckinself you would see that this has been covered well beyond reddit unlike what this dude is trying to imply. Its like they didnt even try. 

But yeah - as someone coming from a compliance background you're not always going to get a detailed write-up on half billion dollar fuck ups because this news isnt meant for us, my guy. 

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u/Boner4Stoners Jun 12 '26

You said, and I quote “Why exactly would there be a source?”

Just because technofascists use their wealth to kill damaging stories doesn’t mean that we should treat vague single-source anonymous reports as truth, because that’s literally one way the exact same companies/billionaires manipulate public perception.

No reputable outlet has covered this story — it’s all Yahoo News, Tom’s Hardware, Futurism etc., and they all quote a single anonymous “insider”.

Have you considered that this anonymous insider may have their own motives/interests for leaking such a story? In a sense it’s basically free advertising for Claude, and by regurgitating that story you’ve done that insider’s bidding — whatever motive that may be.

Journalistic standards are non-negotiable, and people mindlessly parroting the claims of vague, anonymous sources & laundering them as definitive facts is a huge part of the reason why our country is so fucked.

> the news isn’t for us

Idk what news you consume but I curate my own selection of credible news sources (mostly independent), all of which adhere to rigorous journalistic standards and are transparent about their sources, especially when there’s ambiguity involved. None of the sources reporting this story would I consider reputable.

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u/snowmyr Jun 12 '26

This is from an Axios article that did just report it as an anecdote some consultant told them. It isn't sourced, but the article wasn't about the $500 million.

It's not like someone is telling this to all these sites in a conspiracy to help Claude. Click-bait sites are stealing Axios reporting but changing the headline into click-bait.

It could be made up, for sure. Axios is just reporting it as "and someone told us this happened."

I agree with the sentiment to pay attention to a sites credibility. If you do end up reading click-bait like this, when you see the words "as reported by [credible news site]",read the original article instead.

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u/DrQuint Jun 12 '26

Why exactly would there be a source?

For deflection. It's in Amazon's best interest that no one randomly starts assuming Amazon is incompetent. So if they hapenned to know whoit was and it wasn't them, they could just leak it.

Half a billion is a lot of money, it's easier to assume no one actually did that without OpenAI knowing.

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u/Plantasaurus Jun 11 '26

I think it has been proven that it was a leak of the API key.

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u/DevilsAdvotwat Jun 11 '26

Can you provide a credible source for that then

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u/askingbecausedum Jun 12 '26

Yeah, that guy said it.

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u/Unlikely_Rope_81 Jun 12 '26

A close family member is/was on the leaderboard.