Artificial intelligence company OpenAI is projected to generate $3.79 billion in revenue this year. Despite this substantial income, the company could face significant losses, with estimates suggesting a $5 billion deficit. This information was reported by CNBC.
According to the report, OpenAI earned $300 million last month, marking an increase of 1,700% compared to January of last year. The company is also forecasting sales of $11.6 billion in services for the next year.
Currently, OpenAI is seeking new investments, which could potentially value the company at $150 billion. Leading this investment round is Thrive Capital, which plans to invest $1 billion. Another investment firm, Tiger Global, is also reportedly interested in participating in this funding round.