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Sam Altman says OpenAI's revenue is 'well more' than reports of $13 billion a year and hints it could hit $100 billion by 2027 (finance.yahoo.com)

submitted 3 days ago by cm0002@infosec.pub to c/usa@midwest.social

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In an episode of the Bg2 Pod that was posted on Friday, host Brad Gerstner, who is also the founder of Altimeter Capital, asked how the company could make financial commitments totaling $1.4 trillion when annual revenue is reportedly $13 billion.

“We're doing well more revenue than that,” Altman replied.

OpenAI has announced massive AI infrastructure deals in recent weeks with companies like Nvidia, Broadcom and Oracle. That's as other so-called AI hyperscalers like Amazon, Alphabet, Meta, and top OpenAI investor Microsoft are collectively totaling hundreds of trillions of dollars a year in capital expenditures.

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[–] MushuChupacabra@lemmy.world 16 points 3 days ago

See, everything's fine bro.

We're totally profitable bro.

We're an attractive investment bro.

Don't listen to that bubble stuff bro.

[–] SwingingTheLamp@midwest.social 13 points 3 days ago (1 children)

Oh god, we're so screwed. This guy can't lie even halfway credibly.

[–] redsand@lemmy.dbzer0.com 2 points 3 days ago

Where's the follow up? I want a reporter smart enough to ask for pics or it didn't happen.

[–] Ascrod@midwest.social 5 points 3 days ago

Revenu != Profit