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OpenAI heads for Wall Street – DW.com

OpenAI heads for Wall Street - DW.com https://indiaprimetv.com/breaking-news/openai-heads-for-wall-street-dw-com/

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With billions in losses and profits still years away for the company behind ChatGPT, investors are making a huge bet on artificial intelligence.
OpenAI is eyeing an IPO that could value the ChatGPT developer at up to $1 trillion, underscoring surging investor interest in artificial intelligence stocks. CEO Sam Altman says the company is generating roughly $2 billion in monthly revenue, with growth outpacing tech giants like Alphabet and Meta.

Despite rapid expansion, heavy spending on AI infrastructure, data centers, and model training is expected to drive losses of around $14 billion this year, with profitability still years away. Meanwhile, rivals including Anthropic and Elon Musk’s SpaceX, which merged with the artificial intelligence company xAI, are also preparing for market debuts, signaling a new wave of high-stakes AI listings.

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.
 

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