Cory Weinberg / The Information:
Docs: OpenAI’s projections suggest it won’t turn a profit until 2029, when its revenue would hit $100B; losses could hit $14B in 2026, nearly 3x its 2024 losses — OpenAI’s newest investors have signed up for a bumpy and expensive ride. The company’s projections suggest it won’t turn a profit until 2029 …
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