Episode
Inside the economics of OpenAI (exclusive research)
Azeem Azhar's Exponential View · Feb 13, 2026 · 50 min
In this episode, I'm joined by Jaime Sevilla, founder of Epoch AI; Hannah Petrovic from my team at Exponential View; and financial journalist Matt Robinson from AI Street. Together we investigate a fundamental question: do the economics of AI companies actually work? We analysed OpenAI's financials from public data to examine whether their revenues can sustain the staggering R&D costs of…