OpenAI CEO Sam Altman has cautioned that the current surge in AI investment resembles the dotcom bubble, with potential for significant financial losses despite the technology's transformative nature. Altman anticipates ChatGPT will soon engage in more conversations daily than humans. He also addressed concerns about customising the AI's tone.
Despite acknowledging the risks, Altman remains optimistic about AI's long-term economic benefits. OpenAI is pushing forward with substantial investments in data centres, potentially spending trillions to meet anticipated compute demands and explore new financial instruments. The company is also considering offering AI infrastructure services to other businesses.
OpenAI's valuation has increased significantly, driven by revenue growth from ChatGPT subscriptions. The company achieved its first $1 billion revenue month in July 2025 and projects revenue to triple to $12.7 billion for the year. To fund its expansion, OpenAI is exploring debt financing, potential stock sales, and a possible IPO.
