OpenAI revenue keeps surging as company seeks $30 billion in fresh capital

OpenAI's annualized revenue rate sits at about $50 billion, well below the initially reported $70 billion figure that was based on a different accounting method. The correction sent chip stocks sliding. Meanwhile, OpenAI is negotiating at least $30 billion in fresh capital at a $1.4 trillion valuation. The article OpenAI revenue keeps surging as company seeks $30 billion in fresh capital appeared…
This is a summary curated by AIFuture. Read the complete article at the original source:
Read the full story on The Decoder