OpenAI to Operate as Perpetually Low-Profit Company, Signs 20-Year Power Deal

According to Odaily, OpenAI CEO Sam Altman stated at Stripe Sessions that OpenAI aims to become a perpetually low-profit yet massive and fast-growing infrastructure company, offering products similar to an "intelligent meter" that users can purchase to automate business operations or embed into their services. Altman compared OpenAI's model to Stripe, emphasizing a usage-based fee structure where both Stripe and users benefit as the internet scales.

Altman revealed that OpenAI has signed 20-year power and land contracts to support this strategy. He acknowledged that AI's low switching costs make platform migration easy, citing users' recent shift from competing programming tools to Codex as evidence.