OpenAI, valued at $500 billion, continues to drive U.S. markets higher despite being unprofitable. Recent significant agreements, such as Nvidia’s potential $100 billion investment and a $300 billion deal with Oracle, have boosted the Nasdaq and S&P 500 to record levels. OpenAI’s partnerships include a $22.4 billion infrastructure deal with CoreWeave, highlighting its rapid expansion. However, analysts express concerns over the sustainability of such massive spending, likening the situation to the dot-com bubble. OpenAI expects to generate $13 billion this year but needs to secure substantial revenues to meet rising infrastructure costs, estimated at $2 trillion annually by 2030. While some warn of risks linked to immense debts, CEO Sam Altman remains focused on long-term growth, viewing current investments as essential for capitalizing on the significant AI opportunities ahead. Despite skepticism, the company is committed to realizing a substantial technological future.
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