看看ChatGPT 怎麽說的

How ChatGPT / OpenAI Can Sustain Big Losses

1. Strong Funding & Investor Support
   OpenAI has raised massive amounts of capital from investors (Microsoft, SoftBank, others) which gives it a cushion to burn through losses while scaling operations.

2. Rapid Revenue Growth
   Even though it’s losing money now, OpenAI is generating substantial revenue — e.g. ~$4.3 billion in the first half of 2025, growing ~16% over the previous year. Investing.com
   As user base, enterprise adoption, and API usage expand, revenue can eventually catch up (or outpace) costs.

3. Economies of Scale & Infrastructure Investments
   The fixed costs of AI infrastructure and model development are extremely high. But once built, scaling usage becomes more efficient.
   Also, OpenAI is working toward custom hardware / chips and more efficient data center operations to reduce the compute cost per user. TechSpot+2CNBC+2

4. Strategic Partnerships & Alliances
   Collaborations with cloud providers, chipmakers, and infrastructure vendors help subsidize, co-invest, or lock in favorable terms for compute and hardware.
   For instance, deals or equity / warrant-based structures can reduce capital outlay.

5. Long Time Horizon & Tolerance for Losses
   The expectation is that profitability won’t come fast — OpenAI has forecasts projecting billions more in “burn” ahead. Investing.com+3CNBC+3AInvest+3
   Its strategy is to accumulate scale, dominance, and infrastructure first, then monetize more aggressively later.

6. Diversified Monetization Models

   • Subscription models (ChatGPT Plus, etc.)

   • Enterprise / API revenue

   • Licensing and integration with other companies

   • Potential future product / platform expansions (apps, tools)