The company lost a staggering $5 billion this year.
Not Breaking Even
ChatGPT creator OpenAI is hemorrhaging massive amounts of cash and failing to make up for it in revenue, The New York Times reports.
Per the report, OpenAI projected in a document passed around to potential investors that it expects to lose a staggering $5 billion this year — a figure that eclipses the company’s projected year-end revenue of around $3.7 billion.
The AI company chalked its sky-high costs up to employee…
Read the full article here