OpenAI projected to bring in $20bn less in revenue than expected
Questions raised over AI growth as ChatGPT maker forecasts this year’s revenue at $50bn, way below the $70bn signalled before Business live – latest updates…
The Guardian reports: Questions raised over AI growth as ChatGPT maker forecasts this year’s revenue at $50bn, way below the $70bn signalled before Business live – latest updates OpenAI has revealed that it is making about $20bn less in projected revenue than it had recently indicated to investors, raising questions about the break-neck growth rate in demand for AI.
This technology story centres on the United Kingdom. Names and organisations mentioned in the coverage include AI, ChatGPT and Business.
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Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- AI, ChatGPT, Business, OpenAI
- Section
- Technology
- Figure cited
- The ChatGPT-maker company has told investors that its revenues for this year would reach $50bn (£37bn), a projection based on sales up to the end of September. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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