Despite its half-a-trillion-dollar valuation, the reality is that OpenAI is almost certainly burning through cash at an alarming rate.

According to recent filings, the ChatGPT maker lost a whopping $12 billion last quarter alone. Yet, it wants to spend well over $1 trillion over the next several years, once again stoking fears over an AI bubble that could wipe out the entire US economy if it were to burst.

Even its AI video-generating app, Sora, which debuted in late September, is likely costing the company an astronomical amount of money to run, as Forbes reports. The app — which is currently being used to spew a disturbing quantity of largely meaningless AI slop onto the web, but is still only available for a minuscule number of early users — could already be costing the firm $5 billio

See Full Page