> OpenAI’s business model, as it exists today, doesn’t really inspire confidence, as it seems to exist on the promise of ‘jam tomorrow.’ Specifically, the firm has an income of approximately $3 billion per year, which is put in deep shade by its $7 billion annual expenditure.

So a yearly loss of 4 billion dollars or losing $10 million daily. The IPOs basically (mostly) have been operating just the way Bitcoin has been - Next bigger fool theory. That you pass on the potato to the next bigger fool till it ends to the last in the chain like Twitter who doesn't know what to do to churn out those inflated sums paid along the chain.

Not sure how many days OpenAI can afford to lose 10 million dollars daily but current macroeconomic environment, prospects aren't great.