OpenAI Lifts Revenue Outlook, Warns of Higher Cash Burn Through 2030
TL;DR Summary
OpenAI raised its five-year revenue outlook by about 27% on stronger sales of ChatGPT subscriptions, AI models, and newer lines such as advertising and hardware, but warned that cash burn through 2030 will be higher than previously expected, driven by roughly $665 billion in running and training costs, effectively more than doubling prior burn estimates.
- OpenAI Boost Revenue Forecasts, Predicts $111 Billion More Cash Burn Through 2030 The Information
- OpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030 CNBC
- OpenAI Forecasts Its Revenue Will Top $280 Billion in 2030 Bloomberg
- OpenAI Halves 2030 Investment Amid AI Bubble 조선일보
- MSFT Stock Today: February 20 as OpenAI Cuts Spend Target to $600B Meyka
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