OPENAI WON’T MAKE MONEY BY 2030 AND STILL NEEDS TO COME UP WITH ANOTHER $207 BILLION TO POWER ITS GROWTH PLANS, HSBC ESTIMATES
https://s.yimg.com/ny/api/res/1.2/iovDzeFYlmMszCzkpupp7A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/fortune_175/68ae5cac7c45eb4f5b9df452de827146
✍️ OpenAI's business model is under scrutiny as it struggles to balance its compute costs with revenue growth, with some forecasting it won't be profitable until 2030.
👉 OpenAI's compute costs are surging, with estimates suggesting it will need an additional $207 billion to meet its growth plans. 👉 HSBC's analysts project that OpenAI will still be unprofitable by 2030, despite its consumer base growing to 44% of the world's adult population. 👉 The company's financial backers, including Microsoft and Amazon, are also at risk as the AI ecosystem faces numerous challenges. 👉 OpenAI's business model is under scrutiny as it struggles to balance its compute costs with revenue growth.
-- #SamAltman #NicolasCote-Colisson #RobertSolow #JohnWilliams #SavitaSubramanian #JasonFurman #technology
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