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OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says
According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and $100 billion in 2029.
OpenAI expects about $5 billion in losses this year, report says
OpenAI expects roughly $5 billion in losses this year, according to reports from The New York Times and CNBC. The company, which owns ChatGPT, had $3.7 billion in revenue this year and expects to increase revenue to over $11 billion next year,
OpenAI Suffers $5 Billion Annual Loss On $3.7 Billion In Revenue: Reports
The nonprofit artificial intelligence developer that created ChatGPT expects to lose about $5 billion this year as it seeks $7 billion in new funding to turn its core business into a for-profit corporation.
1d
OpenAI was a research lab — now it’s just another tech company
OpenAI may soon become a for-profit company with fewer checks and balances than before — the exact structure it was built to ...
1d
OpenAI offers one investor a sweetener that no others are getting
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...
FINANCIAL SENSE
5h
OpenAI’s o1 Model: A Quantum Leap in AI Intelligence – Insights from Dr Alan D. Thompson
OpenAI's newest AI model, o1, released on September 12, 2024, has shattered expectations and redefined the landscape of ...
1d
Is OpenAI Shifting It’s Focus To Profits?
When a company transitions from purpose to profit, people and planet-oriented priorities tend to fall short. Does it have to ...
1d
Apple no longer in talks to invest in OpenAI: report
Apple fell out of talks to invest in OpenAI's next funding round, which could raise as much as $6.5 billion, The Wall Street ...
1d
OpenAI pushes limits of tech pivoting
In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...
3d
on MSN
OpenAI exec Mira Murati says she's leaving artificial intelligence company
A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year said she's ...
2d
More OpenAI executives depart amid reports of for-profit restructuring
Two more OpenAI executives announced their departure from the artificial intelligence (AI) company Wednesday amid reports ...
3d
Why Is OpenAI Trying to Raise So Much Money?
The San Francisco A.I. start-up believes there is not enough computing power on Earth to build the artificial intelligence it ...
2d
on MSN
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end ...
1d
OpenAI reportedly plans to ditch its nonprofit mission with CEO Sam Altman said to be in line to make billions
According to reports, OpenAI plans to completely restructure itself. Gone will be the nonprofit remit, the control not by a ...
Moneyweb
4h
OpenAI’s Strawberry program is reportedly capable of reasoning
OpenAI also tested a mitigation system that was able to reduce the manipulative capabilities of the AI system. Overall, ...
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