OpenAI expects about $5 billion in losses this year, report says

By The Hill | Created at 2024-09-29 03:12:12 | Updated at 2024-09-30 07:25:21 1 day ago
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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, The Times initially reported.  The losses, according to The Times, relate to general…
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