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this post was submitted on 26 Oct 2024
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Is OpenAI profitable now?
Is OpenAI open still?
No and no.
Never really was
A recent report estimates that they won't be profitable until 2029: https://www.businessinsider.com/openai-profit-funding-ai-microsoft-chatgpt-revenue-2024-10
A lot can happen between now and then that would cause their expenses to grow even more, for example if they need to start licensing the content they use for training.
On the other hand some breakthrough in either hardware or software could make AI models significantly cheaper to run and/or train. The current cost in silicon is insane and just screams that there's efficiencies to be found. As always, in a gold rush, sell pickaxes
Definitely a possibility! It'll be interesting to see what happens.
No and AI almost never will be. However, investor money keeps coming, so it doesn't matter.