OpenAI sees $5 billion loss this year on $3.7 billion in revenue

Sep 27, 2024 · CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times.

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OpenAI Sees $5 Billion Loss This Year On $3.7 Billion In Revenue

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Sep 27, 2024 · CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times.

cnbc.com

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OpenAI Suffers $5 Billion Annual Loss On $3.7 Billion In Revenue ...

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Sep 28, 2024 · OpenAI's monthly revenue reached $300 million in August, up 1,700% since the start of 2023, and it projects about $3.7 billion in sales this year, the New York Times reported …

ibtimes.com

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OpenAI Sees $5 Billion Loss In 2024 And Soaring Sales As Big …

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Sep 30, 2024 · 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.

yahoo.com

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OpenAI May Lose $5B This Year Alone On ChatGPT Costs: Report

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Jul 25, 2024 · OpenAI could lose as much as $5 billion this year due to the massive costs of running AI products like ChatGPT — and likely needs to raise more money within the next 12 …

nypost.com

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OpenAI To Experience $14 Billion Losses By 2026, But It's Alright

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Oct 15, 2024 · The company is expected to report a $5 billion loss in 2024, with potential losses reaching up to $14 billion by 2026. ... In August, OpenAI’s monthly revenue surpassed $300 …

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OpenAI Shifts To For-profit Corporate Structure Amid $5 Billion …

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Dec 28, 2024 · OpenAI is projecting a $5 billion loss for the year despite raking in $3.7 billion in revenue. Their ChatGPT service—used by more than 300 million people weekly—proves their …

notebookcheck.net

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OpenAI’s $5 Billion Loss On $3.7 Billion Revenue: Financial …

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Oct 2, 2024 · To recover from its $5 billion annual loss, OpenAI has devised several financial strategies aimed at reducing its operating expenses and boosting revenue. The company is …

nexgenique.com

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OpenAI Projects $5 Billion Loss Amid Surging ChatGPT Revenue …

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Sep 29, 2024 · OpenAI forecasts that revenue will triple to $11.6 billion in 2025 and reach $100 billion in 2029, indicating that growth will continue to soar. Increases in ChatGPT users' …

econotimes.com

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OpenAI’s Surprising $5 Billion Loss - TechStory

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Sep 28, 2024 · They are already gearing up for next year and their revenue expectation for the contending year of 2024 is even startling at $ 11.6 billion. OpenAI is already having that kind of …

techstory.in

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OpenAI Reportedly Projects $5 Billion Loss This Year - PYMNTS.com

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Sep 29, 2024 · However, the company expects to lose roughly $5 billion this year after paying for operational costs, ... OpenAI anticipates $2.7 billion in revenue from ChatGPT for the year, up …

pymnts.com

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OpenAI On Verge Of Bankruptcy & Heading For $5 Billion In Losses ...

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Jul 26, 2024 · OpenAI could lose as much as $5 billion in 2024, putting the startup at risk of bankruptcy within 12 months, according to a report. ... OpenAI generates about $2 billion in …

dexerto.com

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⚙️ OpenAI Is On Track To Lose $5 Billion This Year - The Deep View

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Jul 25, 2024 · Some context: Anthropic, a major OpenAI rival, is expected to burn around $2.5 billion this year, all on only $800 million in annualized revenue. And after Tesla reported a …

thedeepview.co

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OpenAI Bleeding Money: OpenAI Faces Potential $5 Billion Loss …

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Jul 24, 2024 · A new report from The Information suggests that OpenAI could face a staggering $5 billion loss this year and might deplete its cash reserves within the next 12 months. …

techstartups.com

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Sam Altman Says OpenAI Is Losing Money On Pro Subscriptions

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Jan 7, 2025 · The company has projected a loss of $5 billion on revenue of $3.7 billion for 2024. ... Sam Altman says he’s losing money on OpenAI’s $200-per-month subscriptions: ‘People …

fortune.com

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OpenAI May Reportedly Lose $5B This Year Alone On Massive …

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Jul 25, 2024 · OpenAI could lose as much as $5 billion this year due to the massive costs of running AI products like ChatGPT — and likely needs to raise more money within the next 12 …

yahoo.com

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OpenAI Projects $5 Billion Loss Despite Rising Revenues

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Oct 27, 2024 · The artificial intelligence landscape is witnessing a paradox as OpenAI, the creator of ChatGPT, anticipates a $5 billion loss this year despite projecting $3.7 billion in revenue. …

quantaintelligence.ai

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Why OpenAI Could Lose $5 Billion This Year — The Information

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OpenAI has built one of the fastest-growing businesses in history. It may also be one of the costliest to run. The ChatGPT maker could lose as much as $5 billion this year, according to …

theinformation.com

FAQs about OpenAI sees $5 billion loss this year on $3.7 billion in revenue Coupon?

How much will OpenAI lose this year?

CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first reported by The New York Times. Revenue is expected to jump to $11.6 billion next year, a source with knowledge of the matter confirmed. ...

How much does OpenAI cost?

The startup spends $7 billion on training its AI models and $1.5 billion on staffing. The ChatGPT maker's operation costs aren't satisfied by the approximate $3.5 billion generated in revenue. In a new report by The New York Times, OpenAI expects approximately $5 billion in losses on $3.7 billion in revenue this year. ...

How much money will OpenAI make in 2024?

Artificial intelligence startup OpenAI expects massive losses this year, but revenue over the next five years will continue to be explosive as the company raises fees on its signature chatbot. According to documents seen by the New York Times, the company expects revenue of $3.7 billion in 2024. ...

Will OpenAI raise more cash in the next 12 months?

If we’re right, OpenAI, most recently valued at $80 billion, will need to raise more cash in the next 12 months or so,” The Information reported. This revelation follows recent analyst warnings highlighting that Big Tech firms must generate $600 billion in annual revenue to support their hefty investments in AI hardware. ...

What happened to OpenAI?

A person close to OpenAI confirmed the revenue and loss numbers, according to CNBC. The reports came two days after three top OpenAI executives, including chief technology officer Mira Murati, announced their resignations, and Reuters reported that it was working on a plan to restructure its core business into a for-profit corporation. ...

Is OpenAI a costliest business to run?

OpenAI has built one of the fastest-growing businesses in history. It may also be one of the costliest to run. The ChatGPT maker could lose as much as $5 billion this year, according to an analysis by The Information, based on previously undisclosed internal financial data and people involved in ... ...