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OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024
(www.reuters.com)
This is a most excellent place for technology news and articles.
They love pointing out their revenue instead of their profit. It they were truly making money, you’d think they’d refer to their profit instead.
Revenue is a standard unit of measurement for any venture backed business because it gauges interest and growth better than profit does
Does that run the risk of leading to a future collapse of certain businesses, especially if their expenses remain consistently astronomical like OpenAI? Please note I don’t actually know—not trying to be cheeky with this question. Genuinely curious.
I don't know the answer but my experience with venture capitalists is that they're everything from absolute buffoons to incredibly data-centric in decision making
So if Y combinator cares about revenue then I think the answer to your question is no, in aggregate, but that's just a guess based on an assumption of information that I don't actually have