🤖 OpenAI needs to raise at least $207bn by 2030 so it can continue to lose money, HSBC estimates
aiBased on a total cumulative deal value of up to $1.8tn, OpenAI is heading for a data centre rental bill of about $620bn a year — though only a third of the contracted power is expected to be online by the end of this decade.
The charts on this article are wild. I believe they’ve raised over $60 billion so far, so over the next five years they will 4x that—just to continue to lose money. And that’s assuming they double their paying user base. Obviously the intent for these companies is to find ways to reduce the cost of operations and likely slow down R&D at a certain point, or at least point the research in other areas as Google did before them. But boy, does it seem like an uphill battle to even make a penny. Not to beat a dead horse, but they also clearly participate in predatory pricing practices.