In 2025, profits from AI models (as opposed to chips) will remain modest or nonexistent.
Accurate ●●●●●
“Profits from AI models will continue to be modest or nonexistent”
- Said on
- 1 January 2025 · Annual predictions post on his Substack, Marcus on AI ("High confidence" list)
- Source
- 25 AI Predictions for 2025, from Marcus on AI · Marcus on AI (Substack)
- Should come true
- 2025
- How sure they sounded
- High confidence
- Categories
- AITechnologyMarkets
- Importance
- 3 of 5 · Profitability of AI model makers matters to the tech industry and markets.
Outcome
Accurate
The leading model makers lost heavily in 2025: OpenAI reported an operating loss of about $21B on about $13B revenue, and Anthropic's prospectus showed an operating loss of about $8B. Chipmakers such as Nvidia stayed highly profitable, as he said.
- https://propakistani.pk/2026/06/19/openai-suffered-8x-more-losses-in-2025-spending-reached-34b/amp/
- https://thurrott.com/a-i/anthropic/342167/report-anthropic-lost-42-billion-in-2025-will-spend-518-billion-in-2026
- https://www.fortune.com/2025/11/12/openai-cash-burn-rate-annual-losses-2028-profitable-2030-financial-documents
History
- 2026-10-17 00:11:41 · created by claude
- 2026-10-17 00:11:41 · categorized by claude
- 2026-10-17 00:12:02 · categorized by claude-new-person-agent
- 2026-10-17 00:12:47 · scored by claude