OpenAI does not expect to be cash-flow positive until 2029 ...
According to a report by Bloomberg News, OpenAI, a leading artificial intelligence company based in San Francisco, is not anticipating a positive cash flow until 2029. The company is currently facing significant costs related to chips, data centers, and acquiring top talent for the development of cutting-edge AI systems.
Revenue Projections
Despite the financial challenges, OpenAI projects that its revenue will exceed $125 billion by 2029. The company's revenue is expected to experience substantial growth, with forecasts indicating a revenue of $12.7 billion in 2025, driven by the success of its paid AI software.
In a previous report by Reuters in September of last year, it was noted that OpenAI was aiming for a revenue of over $11.6 billion by 2025. The report also mentioned that the company's revenue for 2024 was estimated to reach $3.7 billion, a figure that aligns with the findings of the Bloomberg report.
Business Expansion
Since the launch of its ChatGPT chatbot more than two years ago, OpenAI has introduced a range of subscription services geared towards both individual consumers and businesses. In February, the number of paying business users for OpenAI's services surpassed 2 million, marking a significant increase from the previous update in September.
For further information, you can read about Global oil prices climbing as traders evaluate US tariffs on oil buyers.
