Published 09/29/2024 6:13:00 p.m.

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

OpenAI expects approximately $5 billion in losses this year, as reported by The New York Times and CNBC.
The losses are attributed to operational costs, employee salaries, and office rent, excluding equity-based compensation.
The Times noted that a financial professional analyzed OpenAI's documents to affirm these figures.

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The Hindu

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CNBC

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

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The Hill

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

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09/29/2024 2:45:06 a.m.·Washington, United States

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Benzinga

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09/28/2024 1:48:46 a.m.·New York, United States

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