alt Hacker NewsYes that is exactly what is happening. OpenAI and Anthropic are the fastest growing companies by revenue ever and their gross profit margins are healthy.
Replies
LetsGetTechnicl • today at 2:12 AM
Then why do they constantly need more and more funding from VC and Google and MS and NVIDIA? Why is it all circular dealing? Why aren’t there smaller AI startups running these smaller, “profitable” models?
According to this article[0]:
> 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...