BTC $64,396.53 +2.67%
ETH $1,909.85 +2.01%
BNB $605.13 +0.65%
XRP $1.00 +1.21%
SOL $75.90 +2.01%
TRX $0.3309 +0.01%
DOGE $0.0702 +1.08%
ADA $0.1742 -0.06%
BCH $204.67 +0.46%
LINK $9.50 +1.29%
HYPE $59.58 +4.12%
AAVE $89.16 +4.06%
SUI $0.6736 +0.73%
XLM $0.1576 +0.93%
ZEC $512.53 +5.56%
BTC $64,396.53 +2.67%
ETH $1,909.85 +2.01%
BNB $605.13 +0.65%
XRP $1.00 +1.21%
SOL $75.90 +2.01%
TRX $0.3309 +0.01%
DOGE $0.0702 +1.08%
ADA $0.1742 -0.06%
BCH $204.67 +0.46%
LINK $9.50 +1.29%
HYPE $59.58 +4.12%
AAVE $89.16 +4.06%
SUI $0.6736 +0.73%
XLM $0.1576 +0.93%
ZEC $512.53 +5.56%

Foreign media: It is expected that OpenAI's losses will reach $14 billion by 2026

2024-10-10 12:40:45

ChainCatcher news, OpenAI reported a loss of $340 million in the first half of 2024. OpenAI's projections indicate that the company will not achieve profitability until 2029, at which point its revenue is expected to reach $100 billion.

According to an analysis of data included in OpenAI's financial documents, before reaching this point, the company's losses could amount to as much as $14 billion by 2026, nearly three times this year's expected losses, with total losses from 2023 to 2028 projected to reach $44 billion. This estimate does not include stock-based compensation, which is one of OpenAI's largest expenses, even though it is not paid in cash.

app_icon
ChainCatcher Building the Web3 world with innovations.