As investor jitters grow, the loss-making ChatGPT firm’s vast spending commitments test the limits of Silicon Valley optimism

OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be…

As investor jitters grow, the loss-making ChatGPT firm’s vast spending commitments test the limits of Silicon Valley optimism

CNBC's Jim Cramer expressed concern about OpenAI's ability to pay the billions it has committed to spend on artificial intelligence infrastructure.

The company anticipates burning through roughly $9 billion this year on $13 billion in sales, a cash burn rate of approximately 70% of revenue.