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OpenAI expects to incur losses of $5 billion in 2024

OpenAI expects to incur losses of $5 billion in 2024

According to a report published by CNBC and viewed by Sky News Arabia, I expected…OpenAI“It will incur losses during the current year of about $5 billion, despite its expectation to earn revenues of about $3.7 billion.

Last month, the company achieved revenues of $300 million, according to CNBC.

“and expect”OpenAI“Achieve $11.6 billion in sales next year, according to the report.

The company, supported byMicrosoftis currently seeking a financing round that would value the company at more than $150 billion, people familiar with the matter told CNBC.

Reports also revealed last week that the Board of Directors of OpenAI is considering plans to restructure the company into a profitable company.



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