OpenAI seems to do reasonably well at attracting capital investment without profits.
As did Amazon, Google, Meta etc etc.
OpenAI is great at attracting people who say "yeah, sure, I'll give you capital at some point in the future" who then never actually give them the capital (or at least haven't yet).
If I remember correctly, Facebook took 10 years raising money before going ipo.
Could be wrong though.
OpenAI is great at attracting people who say "yeah, sure, I'll give you capital at some point in the future" who then never actually give them the capital (or at least haven't yet).