Sri Muppidi / The Information:

OpenAI told investors that it projects its cash burn this year through 2029 will rise to a total of $115B, about $80B higher than it previously expected  —  OpenAI recently had both good news and bad news for shareholders.  Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago.

Sri Muppidi / The Information:

OpenAI told investors that it projects its cash burn this year through 2029 will rise to a total of $115B, about $80B higher than it previously expected  —  OpenAI recently had both good news and bad news for shareholders.  Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago.

Source: TechMeme
Source Link: http://www.techmeme.com/250905/p29#a250905p29