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✉news WorldWorld first seen 13 h ago, last 11 h ago, peak #13

OpenAI projected to fall $20bn short of revenue expectations

Original: OpenAI projected to bring in $20bn less in revenue than expected

OpenAI is projected to bring in $20bn less in revenue than previously expected, according to a projection reported by The Guardian. The shortfall raises questions about the pace at which the ChatGPT developer can convert explosive user growth into income, and comes as the company spends heavily on computing infrastructure. Observers are weighing what the revised figures mean for its valuation and funding needs.

Why now: Concerns about OpenAI's financial sustainability and high spending are prompting fresh scrutiny of its business model.

OpenAIChatGPTThe Guardian

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