According to the San Francisco Observer, after experiencing the global frenzy sparked by ChatGPT over the past three years, OpenAI is at a crossroads: it must prove this year that it can not only create sensational demonstrations, but also build a sustainable and profitable business empire. After completing several rounds of huge financing and reaching a valuation of 100 billion US dollars, investors' patience with it is shifting from “permissive expectations” to “strict audits.” In 2026, OpenAI must show Wall Street a clear path to profit, not just burn money in exchange for growth. As the cost of training cutting-edge models rises exponentially. The GPT-5 model training cost is rumored to have broken through the 1 billion dollar mark. Whether simply relying on subscription fees and API calls can cover this astronomical expenditure has become the biggest mystery in financial statements. If positive cash flow or a clear IPO plan cannot be achieved this year, capital market trends may quickly reverse.

According to the San Francisco Observer, after experiencing the global frenzy sparked by ChatGPT over the past three years, OpenAI is at a crossroads: it must prove this year that it can not only create sensational demonstrations, but also build a sustainable and profitable business empire. After completing several rounds of huge financing and reaching a valuation of 100 billion US dollars, investors' patience with it is shifting from “permissive expectations” to “strict audits.” In 2026, OpenAI must show Wall Street a clear path to profit, not just burn money in exchange for growth. As the cost of training cutting-edge models rises exponentially. The GPT-5 model training cost is rumored to have broken through the 1 billion dollar mark. Whether simply relying on subscription fees and API calls can cover this astronomical expenditure has become the biggest mystery in financial statements. If positive cash flow or a clear IPO plan cannot be achieved this year, capital market trends may quickly reverse.