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OpenAI revenue said to be $20 billion below forecasts

Original: open ai

OpenAI's annualized revenues are reportedly running about $20 billion lower than the company had previously signaled, according to a CNBC-cited report. The shortfall raises questions about the pace at which the ChatGPT maker is converting its huge user growth into revenue, and comes as the company continues heavy spending on computing infrastructure and data centers.

Why now: Fresh reporting suggests OpenAI's revenue is significantly below earlier projections, fueling debate over its valuation and spending plans.

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