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OpenAI could be on the brink of bankruptcy in under 12 months, with projections of $5 billion in losses
(www.windowscentral.com)
this post was submitted on 28 Jul 2024
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I don't think that's how tech companies work. Rarely any of them make a profit at the start and survive from investiments, and considering how impactful AI is OAI has no need to make a profit for a long time unless some company comes up with something so much better than them and monopolizes the whole market overnight or something like that.
Well it's gonna be more of investors losing confidence that they can make their money back and bailing.
They can just make their money back through the IPO, so as long as the company is seen as valuable and promissing, as it still is, they won't really care about its losses.