OpenAI Sees Burning Through $278B by 2030: FT

What they lose per transaction they will make up for in volume.

It’s honestly insane to see how much money these companies are burning—and how much they’re projecting to burn over the next 5-7 years.And yet, the valuations are still staggering, valued at over $1 trillion while collectively burning close to a quarter trillion dollars in the coming years.

Dang... insane