OpenAI continues to post steep operating losses even as its annualized revenue climbs to a milestone $10 billion, highlighting the immense capital intensity of training and running frontier artificial intelligence models. According to fresh financial disclosures reported by The Wall Street Journal, soaring expenses for cloud compute, custom chips, and hyperscale data centers are outpacing rapid enterprise adoption. The news comes as investors scrutinize AI unit economics ahead of rival Anthropic’s blockbuster Nasdaq IPO, which is targeting a valuation of up to $1.4 trillion.
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