OpenAI, the creator of ChatGPT, is projecting significant losses despite a surge in revenue. The company anticipates losing $5 billion on $3.7 billion in revenue this year, according to CNBC's confirmation of earlier reports by The New York Times. However, OpenAI expects its revenue to jump to $11.6 billion next year and is currently pursuing a funding round that could value the company at over $150 billion.
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.
OpenAI, which is backed by Microsoft, is currently pursuing a funding round that would value the company at more than $150 billion.
Openai Chatgpt Revenue Losses Funding Microsoft
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