OpenAI is reportedly not anticipating to reap yearly profits for another five years.
That’s according to a report Wednesday (Oct. 9) by The Information, citing company financial documents that also show the artificial intelligence (AI) startup could see annual losses of up to $14 billion in 2026.
The revenue forecast showed OpenAI earning $100 billion in 2029, and spending around $200 billion through the remainder of the decade, not counting stock compensation, the report said….
Read the full article here