OpenAI Founder Talks Revenue and Investment Commitments
According to reports, OpenAI founder Altman said on Thursday that he does not want his data centers to be "government-backed" and expects annual revenue to exceed $20 billion by the end of this year, growing to tens of billions of dollars by 2030. He added that the company is considering fulfilling its commitment to invest around $1.4 trillion in AI infrastructure over the next 8 years. These comments come at a time when investors are concerned about an AI bubble and questioning the return on investment of investing tens of billions of dollars in artificial intelligence expansion. Altman talked about how if large-scale AI facilities do not yield the expected results, the federal government will not intervene. He said, "If we mess up and can't fix it, we will fail, and other companies will keep doing good work and serving customers. The ecosystem and economy will be fine. Given that we are in a favorable position, we feel good. But of course, we may be wrong, and if we are wrong, the market - not the government - will deal with it."
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