OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue

https://www.cnbc.com/2024/09/27/openai-sees-5-billion-loss-this-year-on-3point7-billion-in-revenue.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message

4 Comments

  1. I’m impressed that they have 3.7 billion in revenue!

    Amazon lost money for years and years. For the LLM boom, OpenAI has a lot more competition than Amazon did in the early days of the internet.

  2. absentmindedjwc on

    I mean, they’re getting a shit-fuck-ton in external funding. They’re likely spending as much of it as possible on infra and making their offering as solid as possible before that funding runs out. The fact that they have nearly $4bn in revenue is crazy.