Comment by overrun11
7 hours ago
Yes that is exactly what is happening. OpenAI and Anthropic are the fastest growing companies by revenue ever and their gross profit margins are healthy.
7 hours ago
Yes that is exactly what is happening. OpenAI and Anthropic are the fastest growing companies by revenue ever and their gross profit margins are healthy.
According to this article[0]:
> HSBC Global Investment Research projects that OpenAI still won’t be profitable by 2030, even though its consumer base will grow by that point to comprise some 44% of the world’s adult population (up from 10% in 2025). Beyond that, it will need at least another $207 billion of compute to keep up with its growth plans.
This article is from six months ago. Was HSBC wrong; did something dramatically change in the last six months; is OpenAI not, in fact, profitable?, or are they in fact doing well but doing a huge investment (as was the case with Amazon 25ish years ago)?
I genuinely do not know, but my impression is that they're burning investment capital trying to compete with others' investment capital and Google's bottomless pockets.
[0] https://fortune.com/2025/11/26/is-openai-profitable-forecast...
Also OpenAI somehow having 44% of the world’s population as its customer base is a plainly absurd goal and will never happen, not in 5 years
and to make matters worse, they are massively over-valued.
Whoever buys the stock at a richly priced 1tn at ipo is a bozo lmao. I know I know, index funds will be forced to hold it bypassing the 1 year rule. Disaster already.
Then why do they constantly need more and more funding from VC and Google and MS and NVIDIA? Why is it all circular dealing? Why aren’t there smaller AI startups running these smaller, “profitable” models?