SemiAnalysis founder Dylan Patel said OpenAI could reach profitability as early as as Q3, marking a shift toward funding growth from operations rather than relying solely on venture capital. Patel said ANTHROPIC turned profitable in Q2 and OpenAI may

2026-08-26

SemiAnalysis founder Dylan Patel said OpenAI could reach profitability as early as as Q3, marking a shift toward funding growth from operations rather than relying solely on venture capital. Patel said ANTHROPIC turned profitable in Q2 and OpenAI may follow in Q3, driven by rising demand for CODEX and next‑generation AI models. Improved profitability should allow OpenAI and ANTHROPIC to finance a growing share of expansion from revenue while still raising capital to accelerate growth and reinvesting profits into model training.