Early this morning Beijing time, The Information reported that according to the OpenAI The company's projections until 2029The company's revenue will reach $100 billion (note: currently about RMB 706,346 million) before the company becomes profitable.
According to The Information's analysis of data from OpenAI's financial filings, before that point is reached, losses through 2026 could beUp to $14 billion(currently around Rs 988.88 crore), almost triple the expected loss this year. That estimate doesn't yet include stock-based compensation -- one of OpenAI's biggest expenses, but it's not paid in cash.
Last month, Fortune magazine published an article stating that OpenAI CEO Altman announced at a weekly meeting that month that thewill restructure the rather complex nonprofit corporate structure next year.OpenAI, according to the report Restructuring into a more traditional for-profit company, in addition to retaining a not-for-profit division.
OpenAI was founded in 2015 as a non-profit organization that relies heavily on donor funding. On its page explaining its structure, OpenAI says that it has raised only $130.5 million in donations over the years, noting that this is a clear indication that "donations alone cannot match the cost of the computational power and talent needed to drive its core research."