OpenAI doesn’t expect to be profitable until at least 2030 as AI costs surge

As OpenAI and Anthropic move closer to their planned initial public offerings, more details about the finances of both artificial intelligence giants are starting to emerge. It was no secret these companies were bleeding cash, but seeing the actual numbers is still striking. Neither company has made its filings official. Both are in the process of recruiting investors and have recently closed funding rounds, which meant opening their books. The Wall Street Journal got a peek. According to internal estimates, OpenAI will not turn a profit until 2030, while Anthropic expects slight positive results this year, followed by another year of losses before staying in the green in 2028 and 2029. Spending on AI training will be staggering. In 2028, OpenAI projects spending $121 billion on computing power for its AI research. The estimate for 2029 is slightly higher, before AI model training costs dip back below $100 million in 2030. (This year, for perspective, the company expects to spend just