4 Truths About OpenAI’s Wild Financial Position
A peek inside OpenAI's books shows a company losing money fast and coming up with novel profitability calculations. Is it sustainable?
As OpenAI raised the multibillion-dollar funding round it closed earlier this month, it sent its financial projections to various interested parties. Last week, The Information published a good chunk of that presentation, illuminating the company’s balance sheet and future plans.
OpenAI’s finances are as bizarre as you might expect. It’s paying hundreds …