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OpenAI sees $5 billion loss in 2024 and soaring sales

Hosted on MSN · 17h

Microsoft-backed OpenAI projects $5B loss on $3.7B sales this year

Microsoft (NASDAQ:MSFT)-backed generative AI company OpenAI expects to lose roughly $5B this year despite generating about $3.7B in sales as the firm behind ChatGPT grapples with rising costs. The financials,

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.

International Business Times · 18h

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.

Apple no longer in talks to invest in OpenAI

AppleInsider · 20h

Apple is reportedly not investing in OpenAI

Apple is said to have dropped out of a new funding round for OpenAI at the last minute, but this will have no impact on its plans to integrate optional ChatGPT queries into Apple Intelligence.

EconoTimes · 11h

Apple Withdraws from OpenAI Investment Talks Ahead of $6.5 Billion Funding Round: WSJ Reports

Apple has reportedly pulled out of negotiations to join OpenAIs $6.5 billion funding round, according to The Wall Street Journal. The decision leaves Microsoft and Nvidia as potential key investors in OpenAI,

Reuters on MSN · 1d

Apple drops out of talks to join OpenAI investment round, WSJ reports

Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday. The tech giant recently fell out of the talks for the round,

11don MSN

Microsoft says OpenAI's ChatGPT isn't "better" than Copilot; you just aren't using it right, but Copilot Academy is here to help

Copilot Academy is a program designed to help businesses learn the best practices when using Microsoft Copilot. It is now ...

2d

OpenAI reportedly looking to strip control from nonprofit board, go for-profit in restructuring

Artificial intelligence startup OpenAI is planning to pull control from its nonprofit board and go for-profit to attract more ...

1d

OpenAI Plans To More Than Double ChatGPT Price Over Next 5 Years: Report

OpenAI, the company behind ChatGPT, will reportedly increase the chatbot's price by 10% this year, and more than double it to ...

1d

OpenAI Is Growing Fast and Burning Through Piles of Money

As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...

2d

Is ChatGPT facing an outage? Down Detector reports escalated issues around OpenAI and related apps

OpenAI is one of the most followed applications in the world and its services are now facing a major outage, according to the ...

1don MSN

Tim Cook-Led Apple Reportedly Abandons OpenAI Funding Round Discussions, But Nvidia And Microsoft Could Still Invest In ChatGPT-Parent

Apple has reportedly withdrawn from last-minute negotiations to invest in OpenAI's $6.5 billion funding round, which is still ...

Apple Pulls Out Of The OpenAI Financing Round Negotiations

Apple has withdrawn from consideration to take part in an OpenAI funding round that is anticipated to generate roughly $6.5 ...

The Daily Northwestern2d

Northwestern provides free access to ChatGPT 4.0 through Microsoft Copilot

Northwestern students, faculty and staff can now access ChatGPT 4.0 through Copilot, Microsoft’s AI-powered chatbot at no ...

2h

OpenAI’s complex path to becoming a for-profit company

Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.

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