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OpenAI needs to raise at least $207bn by 2030 so it can continue to lose money, HSBC estimates (archive.ph)
submitted 11 months ago by to c/nottheonion@lemmy.world
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cross-posted from: https://piefed.social/c/technology/p/1510557/openai-needs-to-raise-at-least-207bn-by-2030-so-it-can-continue-to-lose-money-hsbc-esti

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[–] 8 points 11 months ago (1 child)

In the first half of 2025, AI made up 92% of GDP growth. AI companies make up about 1/3 of the total value of the stock market. Nvidia alone makes up 7%. There will 100% be a bailout.

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  • [–] 4 points 11 months ago

    As staggering as a $38 trillion national debt is, we are soon going to be looking back at such a cute little figure. We're borrowing money to give to billionaires (soon to be trillionaires) and leaving the rest of us non-rich with the bill.

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