>> "In my mind, they're hardly making any money compared to how much they're spending"

> everyone seems to assume this, but its not like its a company run by dummies, or has dummy investors.

It has nothing to do with their management or investors being "dummies" but the numbers are the numbers.

OpenAI has data center rental costs approaching $620 billion, which is expected to rise to $1.4 trillion by 2033.

Annualized revenue is expected to be "only" $20 billion this year.

$1.4 trillion is 70x current revenue.

So unless they execute their strategy perfectly, hit all of their projections and hoping that neither the stock market or economy collapses, making a profit in the foreseeable future is highly unlikely.

[1]: "OpenAI's AI money pit looks much deeper than we thought. Here's my opinion on why this matters" - https://diginomica.com/openais-ai-money-pit-much-deeper-we-t...