Dossier
AI industry boom
Coverage of AI industry boom in the Nexus archive.
- If OpenAI is to float on the stock market this year, it needs to start turning a profit
OpenAI, valued at $850bn, faces pressure to achieve profitability before potentially floating on the stock market this year. The company, developer of ChatGPT, must address its $600bn infrastructure spending plans by 2030 amid concerns about strategic focus.