Analysts at HSBC (HSBC) estimate that OpenAI (PC:OPAIQ) will require $207 billion in new funding by 2030, driven by recent cloud usage and rental costs. Analyst Nicolas Cote Colisson highlighted OpenAI’s significant agreements, including a $250 billion deal with Microsoft (MSFT) and a $38 billion pact with Amazon (AMZN) for cloud services over seven years. Similarly, Anthropic (PC:ANTPQ), supported by Amazon and Alphabet (GOOGL), is also making substantial investments, including a $50 billion infrastructure commitment and a $30 billion agreement with Microsoft and Nvidia (NVDA). Despite the promising “AI megacycle,” HSBC cautions that OpenAI’s estimated $1.4 trillion compute costs may concern investors, especially with 2025 revenue projections at only $12.5 billion. Additionally, Wall Street analysts favor Nvidia stock, predicting a 41% upside, while Google stock appears less favorable with a nearly 1% downside.
Source link
Share
Read more