We recently published a list 10 AI shares that dominate the news this week. In this article we will see where Tesla, Inc. (Nasdaq: TSLA) stands against other AI shares that dominate the news this week.
Elon Musk and OpenAi have jointly proposed to speed up their process about the transition from OpenAi to a company with a profit motive in December. According to OpenAI, the transition to a company with profit motive is crucial to stay ahead in the AI race and to attract more capital. Regardless of the shift, Bloomberg News has reported that the company does not expect his cash flow to become positive until 2029.
Also read: 10 AI shares that get the headlines this week and 9 trending ai shares that are recovering the headlines today.
The report has confirmed that the company expects the income to triple in 2025 to $ 12.7 billion. However, it is struggling with considerable costs of chips, data centers and talent needed to develop advanced AI systems, and therefore the cash flow cannot become positive after a few years. The company expects its turnover to surpass $ 125 billion by that time. From 2025 the company said that its income will triple because of the strength of his paid AI software.
Reuters It was also noted that by the end of the year the company switches to a company with a profit motive to secure the full financing of $ 40 billion under the leadership of Softbank, which is in the last phases of increasing. If OpenAi cannot be restructured in a company with a profit motive at the end of the year, the bank can only invest $ 20 billion instead. The chatgpt maker originally received a two-year deadline, with the news marking an accelerated deadline.
Provided that it successfully completed its $ 40 billion financing round, it would be the largest, according to data collected by research agency PitchBook. The deal would like to appreciate the company at $ 300 billion, including collected dollars. This is more than double the earlier rating of the Chatgpt Maker of $ 157 billion in October. Part of this financing is expected to be used for the dedication of OpenAi to Stargate, an AI infrastructure project announced by President Donald Trump.
For this article we have selected AI shares by going through news items, stock analysis and press releases. These shares are also popular with hedge funds. The data from the Hedgefonds are from Q4 2024.
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