OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company’s finances

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Given how quickly the evolution of AI has upended technology across the globe and is affecting various markets, it’s nigh impossible to accurately predict where anything might be headed. There’s no shortage of predictions, ranging from utopia to ultimate doom for established industries. An NYT columnist, however, has one specific bet: OpenAI will be destitute in 18 months in the wake of its AI endeavors.

According to an external report last year, OpenAI was projected to burn through $8 billion in 2025,…



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OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company’s finances



Given how quickly the evolution of AI has upended technology across the globe and is affecting various markets, it’s nigh impossible to accurately predict where anything might be headed. There’s no shortage of predictions, ranging from utopia to ultimate doom for established industries. An NYT columnist, however, has one specific bet: OpenAI will be destitute in 18 months in the wake of its AI endeavors.

According to an external report last year, OpenAI was projected to burn through $8 billion in 2025,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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