OpenAI 2025 financials $38.5B loss ahead of IPO

Does it matter? I don't think anyone expects the current LLM generation to be profitable in the next few years. The bet I think is that OpenAI will be the first to develop ASI or at least among the leaders of the race.

The bet is the "total addressable market" that is: theres enough demand to payout trillions and trillions.

The type of AI is arbitrary. The money is to create a huge dependency layer and its a huge drlusion youre seeing as data center fights.

In other words, if AI really demands these values, what are the product and will there actually be buyers at that price point. The singularity then is not about self improving AI, BUT self improving capitalism where one business controls all the resources and one person consumes them all and the rest of use pray for trickle down economics.

News from 3 months ago;

some discussion at the time: https://news.ycombinator.com/item?id=48550465

this data is from June

and ? Is the situation better or worst nowadays ?

This is data from 2025 ... I doubt 2025 has changed materially since June 2026.