The 8:30 panel takes a closer look at OpenAI's (OPAI.PVT) financial picture as the AI giant reports improving operating margins alongside surging revenue. The company's adjusted operating margin reportedly narrowed from negative 150% to negative 109%, while quarterly revenue climbed to $10 billion.
they have a projection as to when they can turn the flip it from, you know, negative adjusted EBIDA to positive, right? When is that, what do they have to see to have for that to happen? How many users have to start paying for that to happen?
Well, you got to imagine every single investor is asking that question.
And and also at this point, you know, like when are they going to come? What is the reception going to be like at that point?
you know, are they so late in in having the IPO, like, does it end up being an advantage, converse? I don't know.
I mean but they but they are letting Anthropic drive the boat so to speak, right? Like Anthropic is going to be the first pure play generative AI company.
And whatever happens in Anthropic, the entire market is going to take as the playbook for OpenAI and for any other lab that that goes public afterward. SpaceX is obviously not a pure play generative AI company.
But they did have the first mega trillion dollar IPO mover advantage back I can't even remember when that was now. July? June?
Was it that one? It's seared in his memory.
sure, Open AI says we're going to retrench, we're going to wait, we're going to let some of this pass and maybe they get the advantage of letting the hype pass and letting the bubble kind of slow down a little bit and they come into a healthier market. But whatever happens next Thursday
is going to be the playbook and Open AI is not going to have much power to change how people are going to look at them because anyone looking at Open AI's IPO is going to be influenced by having seen Anthropic's IPO. Anthropic doesn't have that baggage.
