OpenAI and Anthropic are losing huge amounts of money despite growing revenue. OpenAI lost about $20 billion in 2025, making profits far away. If AI companies can't make money, investors may lose interest.
ORIGINAL LINK: https://garymarcus.substack.com/p/the-month-generative-ai-lost-its?utm_campaign=posts-open-in-app&triedRedirect=true