Since OpenAI unleashed ChatGPT on the world two and a half years ago, the company has operated at a substantial financial loss.
Despite raising at least $60.9 billion in private funding since ChatGPT’s public launch, OpenAI is leaking billions of dollars every year. In 2024, for example, the tech startup lost some $5 billion, per MSNBC. That doesn’t seem to bother OpenAI insiders, though, who hope to be bringing in $125 billion in annual revenue by 2029.
The gulf between OpenAI’s ambitions and its actual financial health reflect what tech critic Ed…
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