OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's finances
Source: Tom’s Hardware
OpenAI’s Financial Outlook
Given how quickly the evolution of AI has upended technology across the globe and is affecting various markets, it’s nearly impossible to accurately predict where anything might be headed. There’s no shortage of predictions, ranging from utopia to ultimate doom for established industries. An NYT columnist, however, has one specific bet: OpenAI will be destitute in 18 months in the wake of its AI endeavors.
According to an external report last year, OpenAI was projected to:
- Burn through $8 billion in 2025
- Increase spending to $40 billion by 2028
The company reportedly predicts profitability by 2030, making the math straightforward.