Investment banking giant JPMorgan believes that AI leader OpenAI is unlikely to achieve profitability before 2029. JPMorgan released a note about OpenAI today, in which it shared that 75% of OpenAI's revenue is from customer subscriptions. OpenAI had 500 million weekly active users in March, with the investment bank adding that it will be difficult for the firm to maintain a sustainable competitive advantage over rivals such as Google in the long term. OpenAI's Brand, Consumer Focus And Early Mover Advantage Could Unlock A $700 Billion Total Addressable Market By 2030, Says JPMorgan One key takeaway from JPMorgan's report is […]
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