In accordance with Cointribune, OpenAI has signed $288 billion in cloud contracts with Microsoft and Amazon, but only a third will be used by 2030. The company still needs to raise $207 billion before 2030 to avoid financial difficulties. OpenAI aims to reach 220 million AI subscribers by 2030, up from 35 million today, but faces declining market share and high operational costs. HSBC estimates the bill could reach $792 billion in 2030 and $1.4 trillion in 2033 if the current pace continues. Despite projected free cash flow and asset sales, the firm is described as a 'cash sink' rather than a profit machine.
OpenAI Faces Financial Challenges Amid $288 Billion Cloud Contracts
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