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I am the only one who thinks, "that's not as bad as I expected"?

Because I can be quite bearish and frankly this isn't bad for a technology that is this new. The income points to significant interest in using the tech and they haven't even started the tried-and-true SV strategy we lovingly call enshittification (I'm not trying to be ironic, I mean it)

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The problem is they are dealing with a stealthy giant in Google who is not a sleeping giant like those in past disruptions.

Google will have an incentive to destroy OAI financially through whatever means and make it difficult for them to raise future money since they are not generating enough free cash flows (to the firm) from their operations after reinvestment.

OAI going after Meta/TikTok with Sora will also be a strategic blunder in retrospect I believe.

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