The reason is the growing need for financing due to the increasing costs of computing and the accelerated global race in the field of artificial intelligence. According to HSBC’s model, updated and distributed to clients this week, OpenAI will need about $207 billion by the end of the decade, although revenues could reach $129 billion.
The bank’s model also takes into account OpenAI’s recent long-term contracts with Microsoft, Amazon and Oracle for cloud and computing resources. HSBC estimates that total cloud infrastructure rental costs could reach as much as $800 billion by 2030, while explosive user growth is expected – ChatGPT could reach three billion regular users, compared to around 800 million last month, representing approximately 44% of adults outside of China.
OpenAI has been at the center of the global AI boom for the past three years, since ChatGPT was launched, attracting massive investment from investors as tech giants pour tens of billions into data centers and advanced chips. Some analysts warn that costs are expanding faster than revenues, raising the risk not only for OpenAI, but also for the technology companies that support its growth.
In October, OpenAI overtook Elon Musk’s SpaceX to become the world’s most valuable private company after selling $6.6 billion worth of shares to employees, valuing the company at about $500 billion.
The tech industry is rapidly adapting, as services like ChatGPT challenge the dominance of traditional search engines and drive record investment in the artificial intelligence sector.
