High wire: Sam Altman's billion-dollar balancing act

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• 00:04

  The Economist.

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  Hi, this is Ethan Wu, cohost of Money Talks, our business and finance podcast.

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  Welcome to Editor's Picks.

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  We've handpicked an article we recommend from the most recent edition of The Economist.

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  I hope you enjoy it.

• 00:32

  Sam Altman is like a juggler on a unicycle.

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  Building all-knowing chatbots powered by cutting-edge artificial intelligence models is too meek an ambition for open AI's boss.

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  To keep his audience wrapped, he has thrown ever more balls into the air.

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  Custom chips?

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  Of course.

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  E-commerce?

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  Why not?

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  Business consulting?

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  Too easy.

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  A consumer device?

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  You betcha.

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  At the same time, Mr Altman must keep a hand free to hold out his cap,

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  for the show gets more expensive by the day.

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  Leaked figures indicate that open AI expects to burn through $17 billion of cash in 2026,

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  up from $9 billion in 2025,

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