OpenAI’s Cash Burn Could Approach $280 Billion by 2030
AI Summary
OpenAI has reportedly forecast that it will burn through nearly $280 billion by the end of 2030. That projection spotlights the artificial intelligence company’s significant long-term funding needs as it targets a valuation of more than $1.2 trillion in new investment talks, the Financial Times (FT) reported Friday (Sept. The startup expects negative free cash flow of $278 billion between this year to 2030 as it invests heavily to expand its access to computing power, the report added, citi
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