OpenAI：预计2028年前持续亏损，2030年实现爆发式盈利

Core Viewpoint - OpenAI is planning a path to profitability by the end of the decade, but it will face significant losses in the interim, with projected operational losses reaching approximately $74 billion by 2028 before achieving explosive profitability by 2030 [2][4]. Financial Projections - OpenAI expects to generate $13 billion in sales this year while consuming about $9 billion in cash, resulting in a cash burn rate of approximately 70% of revenue [2]. - By 2028, OpenAI's operational losses are projected to account for around 75% of its revenue due to soaring computing costs [2][4]. - Cumulative cash burn for OpenAI is expected to reach $115 billion by 2029, indicating a significant financial strain [4]. Strategic Investments - OpenAI's aggressive growth strategy relies on substantial upfront investments in computing infrastructure, chips, and data centers, with a total of $1.4 trillion in computing service agreements signed over the next eight years [3][4]. - The company is investing nearly $100 billion in data center capacity to meet the anticipated demand for AI capabilities [4]. Comparison with Competitors - OpenAI and its competitor Anthropic exhibit stark differences in their financial trajectories, with Anthropic expecting to reduce its cash burn rate to one-third of revenue by 2026 and further to 9% by 2027, while OpenAI's cash burn rate is projected to remain at 57% during the same period [3]. - OpenAI's strategy is characterized as a gamble for industry dominance, while Anthropic focuses on aligning cost growth more closely with revenue growth [6]. Business Diversification - OpenAI is diversifying its business model by launching new products such as the Sora 2 model and the Atlas web browser, and is exploring consumer hardware and humanoid robotics [6]. - The company plans to integrate e-commerce and advertising features into ChatGPT, indicating a move towards monetizing its AI capabilities more effectively [6].