OpenAI may endure massive $44 Billion losses before seeing profit in 2029 partly due to Microsoft tie-up: "The partnership with Microsoft might mean OpenAI earns less from each dollar of revenue"

In this photo illustration OpenAI icon is displayed on a mobile phone screen in Ankara, Turkiye on August 13, 2024.

What you need to know

• A report suggests OpenAI will lose $44 billion before it becomes profitable in 2029.
• The reported losses are attributed to the cost of training and running advanced AI models, employee salaries, data, and more.
• Microsoft will likely get a 20% cut of OpenAI's revenue.