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OpenAI's Altman Warns of AI Bubble Amid Revenue Surge

8/19/2025

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Story summary

OpenAI CEO Sam Altman cautioned about a potential AI bubble, comparing it to the dot-com crash.
He reported OpenAI is projected to reach $20 billion in annual revenue but is currently unprofitable.
DeepSeek, a Chinese firm, claimed to create AI models at significantly lower costs than U.S. companies.
Altman criticized the term "artificial general intelligence" and outlined plans for major investments in data centers.
OpenAI is exploring the launch of a brain-computer interface startup.

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Story summary

OpenAI CEO Sam Altman cautioned about a potential AI bubble, comparing it to the dot-com crash.
He reported OpenAI is projected to reach $20 billion in annual revenue but is currently unprofitable.
DeepSeek, a Chinese firm, claimed to create AI models at significantly lower costs than U.S. companies.
Altman criticized the term "artificial general intelligence" and outlined plans for major investments in data centers.
OpenAI is exploring the launch of a brain-computer interface startup.