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OpenAI sees $5 billion loss in 2024 and soaring sales
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.
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
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.
Apple Reportedly Pulls Out Of Negotiation Talks To Invest In OpenAI's Funding Round
Earlier, the valuation was expected to be around $100 billion, but now the valuation has reportedly shot up to $150 billion.
Apple drops out of talks to join OpenAI investment round
Apple has withdrawn from negotiations to join OpenAI's upcoming funding round, set to raise about $6.5 billion, according to the Wall Street Journal. Other major players like Microsoft and Nvidia remain in discussions to participate.
10d
on 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 ...
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 ...
5d
ChatGPT: the latest news and updates on the AI chatbot that changed everything
The ChatGPT chatbot by OpenAI has taken the world by storm. Here's how to use it and everything you need to know about AI text generation with GPT.
1d
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first ...
Business Matters
2d
ChatGPT inventor set to receive $10bn as OpenAI shifts from non-profit status
OpenAI founder Sam Altman is set to receive over $10bn as the AI company shifts from non-profit status, raising concerns over ...
The Droid Guy
13h
Openai Might Raise The Price Of Chatgpt To $22 By 2025, $44 By 2029
OpenAI, the company behind the revolutionary AI chatbot ChatGPT, is considering a substantial increase in the subscription ...
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 ...
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