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by sberens 235 days ago
> This Reuters article claims OpenAI is going to generate $3.6 billion in revenue this year, but the costs will lead to a loss of more than $5 billion. It expects a major revenue jump next year to $11.6 billion

The article linked[0] is from last year.

A recent article[1] from this year says "OpenAI looks to meet its full-year revenue target of $13 billion and a cash-burn target of $8.5 billion, the report added."

[0]https://www.reuters.com/technology/artificial-intelligence/o...

[1] https://www.reuters.com/technology/openais-first-half-revenu...

2 comments

Aren’t they still deep in the red? What’s the justification for claiming they’ll become profitable?
Yeah, this is a pretty major error. They already have a higher revenue than the article's quoted "jump next year" (which was this year and was an underestimate).
Don't worry, people in the thread are now going to pivot to "Uhh, those numbers don't matter! Here's an opinion from some tech blog about the financials of a private company!"