📈 The Wall Street Journal accessed private financial documents for OpenAI and Anthropic ahead of their public debut.
OpenAI is projected to burn $665 billion in cash before turning a profit by 2030, potentially losing $170 billion in a single year. Valued at $852 billion, the company is structurally designed for unprecedented losses. Model training costs alone will reach $440 billion by decade's end, with costs rising as AI becomes smarter. Anthropic faces similar trends, with training costs exceeding $100 billion before 2030 and a delayed break-even date.
Crucially, OpenAI's gross margins
OpenAI is projected to burn $665 billion in cash before turning a profit by 2030, potentially losing $170 billion in a single year. Valued at $852 billion, the company is structurally designed for unprecedented losses. Model training costs alone will reach $440 billion by decade's end, with costs rising as AI becomes smarter. Anthropic faces similar trends, with training costs exceeding $100 billion before 2030 and a delayed break-even date.
Crucially, OpenAI's gross margins
