News list for " $340 million"

OpenAI is burning through $340 million in the first half of 2024, according to The Information. OpenAI's projections show the company won't be profitable until 2029, when its revenue will reach $100 billion. Before that point is reached, the company could lose as much as $14 billion by 2026, nearly triple the expected loss for this year, with total losses expected to reach $44 billion between 2023 and 2028, according to an analysis of data contained in OpenAI's financial filings. That estimate d...

2024-10-09 22:34:45