Sam Altman pushes back an critics of OpenAI’s finances

Core Viewpoint - OpenAI's financial outlook is defended by CEO Sam Altman, who asserts that the company is generating more revenue than reported and is experiencing significant growth in demand for its AI products [1][3]. Financial Performance - OpenAI reportedly generates about $13 billion in annual revenue, which is significantly lower than its projected $1.4 trillion spending on computing infrastructure [1]. - Altman claims that OpenAI's revenue is "growing steeply" and anticipates strong demand across both consumer and enterprise sectors, including products like ChatGPT [3]. Company Valuation and Market Position - OpenAI is currently valued at approximately $500 billion following a recent secondary share sale [4]. - Despite speculation about a potential initial public offering (IPO) by 2026 or 2027, Altman states that there is no set timetable or board decision regarding going public [4][5]. Criticism and Response - Altman addresses criticism regarding OpenAI's financial model, particularly from figures like Elon Musk, and challenges detractors to test their claims by shorting the stock [2][4].