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BRIEF-OpenAI Says Its Business Will Burn $115 Billion Through 2029 - The Information

Reuters
09/06
BRIEF-OpenAI Says Its Business Will Burn $115 Billion Through 2029 - The Information

Sept 5 (Reuters) -

  • OPENAI SAYS ITS BUSINESS WILL BURN $115 BILLION THROUGH 2029 - THE INFORMATION

  • OPENAI ALSO PROJECTED ABOUT 15% HIGHER REVENUE IN 2030 THAN ITS PREVIOUS FORECAST - THE INFORMATION

  • OPENAI PROJECTED IT WILL BURN MORE THAN $8 BILLION THIS YEAR, OR ROUGHLY $1.5 BILLION HIGHER THAN ITS PRIOR PROJECTION FROM EARLIER THIS YEAR- THE INFORMATION

  • IN 2027 AND 2028, OPENAI PROJECTS TO BURN ROUGHLY $35 BILLION AND $45 BILLION- THE INFORMATION

  • OPENAI HAS PROJECTED $13 BILLION IN TOTAL REVENUE THIS YEAR- THE INFORMATION

  • OPENAI PROJECTED NEARLY $10 BILLION IN REVENUE FROM CHATGPT THIS YEAR- THE INFORMATION

Source text: https://tinyurl.com/2aylw6lc

Further company coverage: MSFT.O

((Reuters.Briefs@thomsonreuters.com;))

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