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OpenAI projected to bring in $20bn less in revenue than expected
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Mark Sweney

· 1 min read

World NewsThe Guardian: AI

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

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.

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.

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This story was published by The Guardian: AI and written by Mark Sweney. SyncAI.news shows a preview; the complete article is on the publisher's site.

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