HSBC: OpenAI is expected to struggle to make a profit before 2030 under the weight of trillion computing power bills

According to an analysis released by HSBC, it is expected that OpenAI will not be profitable until at least 2030, and warned that the star AI company needs an additional $207 billion to support its rapidly expanding computing power. Although the bank's analysts predict that OpenAI's annual revenue is expected to exceed $213 billion by 2030, they point out that its infrastructure investment needs will far exceed its cash generation capacity. HSBC estimates that OpenAI's computing power construction spending could soar to $1.40 trillion by 2033. The report pointed out that between now and 2030, OpenAI is expected to generate about 792 billion US dollars in Cloud as a Service and AI infrastructure costs, of which data center rental costs alone are as high as about 620 billion US dollars. The HSBC research team said OpenAI's growth trajectory was facing a triple challenge of "skyrocketing infrastructure costs", "intense competition" and "capital intensity beyond all trends in technology history".