OpenAI CEO Sam Altman at the HOPE Global Forum annual meeting on December 11, 2023 in Atlanta.
Dustin Chambers | Bloomberg | Getty Images
According to CNBC confirmation, OpenAI, the creator of ChatGPT, expects revenue this year to reach $3.7 billion and a loss of about $5 billion.
According to a person close to OpenAI, the company’s revenue last month was $300 million, a 1,700% increase since the beginning of last year, and sales are expected to reach $11.6 billion next year. .
new york times OpenAI’s financials were first reported earlier on Friday after a review of company filings. CNBC has not yet seen the financial report.
OpenAI, supported by MicrosoftPeople familiar with the matter told CNBC that it is currently seeking a round of financing that would value the company at more than $150 billion. Thrive Capital is Lead this round and plans to invest US$1 billion tiger global Plan to join too.
OpenAI Chief Financial Officer Sarah Friar tell investors In an email on Thursday, it was stated that the round is oversubscribed and will close next week. Her notes follow some critical deviationThe most prominent among them is technical director Mira Murati, who announced the day before that she was leaving OpenAI after six and a half years on the job.
Also this week, news emerged that the OpenAI board of directors is Consider restructuring plans Transform the company into a profit-making venture. The company will keep its nonprofit arm as a separate entity, a person familiar with the matter told CNBC. The structure will be simpler for investors and make it easier for OpenAI employees to achieve liquidity, sources said.
Since the launch of ChatGPT at the end of 2022, OpenAI’s services have rapidly gained popularity. Running these models requires significant investment NVIDIA Graphics processing unit (GPU).
The Times quoted an analysis by a financial professional who has reviewed OpenAI documents as saying that losses of about $5 billion this year are related to the cost of operating its services, as well as employee wages and office rent. The costs did not include equity-based compensation and “several large charges were not fully explained in the document,” the newspaper said.
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