OpenAI's CEO just sat down at a BlackRock summit and admitted something that should have every investor paying attention. He borrowed a phrase from the nuclear energy industry. The same phrase that became one of the most famous broken promises in modern history. Sam Altman told the crowd that OpenAI's mission is to make intelligence "too cheap to meter." That exact line was used in 1954 by the head of the Atomic Energy Commission to describe nuclear power. It never happened, not even close but that is not the part that matters here. Altman openly admitted that OpenAI spends enormous amounts of money on infrastructure well before the revenue exists to support it. He called the infrastructure costs unlike anything he has ever seen in any industry in history. He also acknowledged something most CEOs would never say. OpenAI is launching business models like advertising that "seem like maybe not the most profitable thing we could do." This from the same man who called ads a last resort just 16 months ago. But here is where it gets interesting. Weeks before this speech, OpenAI quietly told investors it was cutting its infrastructure spending target from $1.4 trillion down to $600 billion. That is a 57 percent reduction and one of the largest forecast corrections in tech history. The company generates roughly $20 billion in annual revenue right now. ...