Sunday, November 30, 2025

Polymarket CEO says his prediction market is "the most accurate thing we...

HSBC's Updated Research Model: OpenAI needs $200bn to continue losing money

HSBC’s updated research model, distributed to clients this week, follows OpenAI’s recent long-term cloud and compute agreements with Microsoft, Amazon, and Oracle. Even under the bank’s upbeat growth assumptions, the model still leaves OpenAI with a funding gap of about $207 billion by the end of the decade, with revenues expected to reach $129 billion.
28 Nov, 2025 17:23

OpenAI needs $200bn to continue losing money – HSBC 

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Surging computing costs could keep the maker of ChatGPT scrambling for fresh cash, a bank research report has estimated
 
OpenAI, the owner of ChatGPT, may need to raise more than $200 billion by 2030 in order to continue operating, according to HSBC research cited by several media outlets. 
The company needs the funding to continue expansion as computing costs climb amid an accelerating and increasingly frantic global AI race.
 
HSBC reportedly estimated that OpenAI’s cloud rental bill could run to roughly $800 billion in total by 2030
  • It is still projecting explosive user growth, saying ChatGPT could climb to 3 billion regular users by 2030, versus roughly 800 million last month – about 44% of adults worldwide outside China.

OpenAI has been at the center of the AI boom since ChatGPT launched three years ago, drawing huge investor interest as Big Tech pours tens of billions into data centers and advanced chips. Some analysts have warned the surge could be causing a bubble to form, with spending racing ahead of returns and raising the stakes not only for OpenAI but also for the tech giants backing its expansion.

Tech companies are scrambling to keep pace with ChatGPT-style services that have challenged their grip on online search and pushed investment across the sector to record levels.

In October, OpenAI overtook Elon Musk’s SpaceX to become the world’s most valuable private company after a $6.6 billion employee share sale valued it at about $500 billion.

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PUBLIC OUTRAGE ---- Philippines Protests Erupt Over Corruption Scandal Nationwide | What’s H...

 
 
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Protests against corruption are held across the Philippines

 

Protests against corruption are held across the Philippines
Thousands Protest in Philippines Over Flood‑Control Corruption | Manila  Protest News | N18G

Part 2 of anti-corruption protests starts today, November 30 | Philstar.com

3 years of ChatGPT: China surges, Europe retreats, and we all drown in A...

SpaceX's New Plan on Starship HLS Moon Landing Sooner than Expected...

 

SpaceX's New Plan on Starship HLS Moon Landing Sooner than Expected... 

Simplification has always defined SpaceX’s strategy—and it may once again change everything.

  • Facing skepticism over its Human Landing System, SpaceX is doubling down on efficiency, refining its lunar design to move faster and cut costs without sacrificing reliability. 
  • This streamlined approach could accelerate Starship’s development, reduce risks, and give SpaceX a decisive edge in the Artemis race. 
  • If it succeeds, it won’t just transform lunar exploration—it could reshape humanity’s path to Mars and beyond. 

Let’s explore how this “simplified” strategy could redefine the competition in today’s episode of Great SpaceX. SpaceX's New Plan on Starship HLS Moon Landing Sooner than Expected... 

The past few weeks have been some of the most challenging yet defining moments for SpaceX’s Lunar Starship program. The company has faced a storm of criticism, much of it coming from both current and former NASA officials who question Starship’s pace of progress and its technical complexity. 

These concerns have reignited discussions about whether SpaceX can meet the demanding timeline for NASA’s Artemis missions and deliver on its bold promise to return humans to the Moon. 

Yet, as history has shown, SpaceX rarely shies away from adversity. SpaceX's New Plan on Starship HLS Moon Landing Sooner than Expected... Instead, the company confronts it head-on with innovation, agility, and bold decision-making. 

This time, SpaceX’s response centers on a single guiding principle that has defined many of its greatest successes: simplification.  
In a recent update, SpaceX made its stance clear: 
 
“Since the contract was awarded, we have been consistently responsive to NASA as requirements for Artemis III have changed and have shared ideas on how to simplify the mission to align with national priorities. In response to the latest calls, we’ve shared and are formally assessing a simplified mission architecture and concept of operations that we believe will result in a faster return to the Moon while simultaneously improving crew safety.” 
 
While the company did not specify exactly what these simplifications entail, the tone of their message radiates confidence. 
SpaceX also reaffirmed that  
“Starship continues to simultaneously be the fastest path to returning humans to the surface of the Moon and a core enabler of the Artemis program’s goal of establishing a permanent, sustainable presence on the lunar surface.” 
 
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