Earlier quoted context omitted.
> Amazon was unprofitable for over a decade, and they were public. Amazon was unprofitable because they poured their revenue into growth. On paper, they were in the red, but everyone - especially investors - saw what was going to happen, given their trajectory. Is it the case that any of these AI companies are actually making a ton of money and growing accordingly? AFAICT, we've just got [a] big players like Google t…
Yes that is exactly what is happening. OpenAI and Anthropic are the fastest growing companies by revenue ever and their gross profit margins are healthy.
> HSBC Global Investment Research projects that OpenAI still won’t be profitable by 2030, even though its consumer base will grow by that point to comprise some 44% of the world’s adult population (up from 10% in 2025). Beyond that, it will need at least another $207 billion of compute to keep up with its growth plans.
This article is from six months ago. Was HSBC wrong; did something dramatically change in the last six months; is OpenAI not, in fact, profitable?, or are they in fact doing well but doing a huge investment (as was the case with Amazon 25ish years ago)?
I genuinely do not know, but my impression is that they're burning investment capital trying to compete with others' investment capital and Google's bottomless pockets.
[0] https://fortune.com/2025/11/26/is-openai-profitable-forecast...