Small nitpick: the models probably make some money on actual inference. Might not be a massive amount, but hard to see them not having a positive contribution margin purely on inference.
What's losing OpenAI money is paying for the whole of R&D, including training and staff. Microsoft doesn't pay that, so they get the money making part of AI without the associated costs.
What's losing OpenAI money is paying for the whole of R&D, including training and staff. Microsoft doesn't pay that, so they get the money making part of AI without the associated costs.