OpenAI is facing significant financial challenges, recently engaging in a massive $250 billion rental deal with Microsoft and a $38 billion agreement with Amazon. HSBC estimates that OpenAI will spend an astonishing $620 billion annually on data center capacity for its AI models, despite only a fraction of contracted capacity coming online by 2030. This ambitious spending raises concerns, as the AI bubble could ultimately strain the U.S. economy. Competition is intensifying, especially with Google’s Gemini 3, leading to predictions of declining market share for OpenAI by 2030. Currently, OpenAI has around 800 million active users, yet only 5% are paid subscribers, making future revenue generation uncertain. Moreover, the need for continual data center investments could severely impact profit margins. CEO Sam Altman’s frustration with investor skepticism underscores the pressure on OpenAI to achieve substantial user growth and sustainable profitability while managing hefty financial commitments.
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