OpenAI needs a 26x revenue increase to justify its buildout
J.P. Morgan ran the numbers on the AI buildout: to clear a 10% return on current capital expenditure, the sector needs to generate roughly $650 billion a year in revenue. The actual run-rate is about $25 billion.
The five biggest hyperscalers — Amazon, Alphabet, Meta, Microsoft, and Oracle — will spend around $725 billion on i…
