OpenAI's first-half revenue rises 16% to about $4.3 billion, The Information reports

New Photo - OpenAI's first-half revenue rises 16% to about $4.3 billion, The Information reports

OpenAI's first-half revenue rises 16% to about $4.3 billion, The Information reports

<p>-

  • OpenAI's first-half revenue rises 16% to about $4.3 billion, The Information reports</p>

<p>September 30, 2025 at 6:30 AM</p>

<p>0</p>

<p>Illustration shows OpenAI logo</p>

<p>(Reuters) -OpenAI generated around $4.3 billion in revenue in the first half of 2025, about 16% more than it generated all of last year, The Information reported on Monday, citing financial disclosures to shareholders.</p>

<p>OpenAI said it burned $2.5 billion, in large part due to its research and development costs for developing artificial intelligence and for running ChatGPT, the report added.</p>

<p>Reuters could not immediately verify the report. OpenAI did not immediately respond to a Reuters request for a comment.</p>

<p>Research and development cost the ChatGPT maker $6.7 billion in the first half, the report said, adding that it had about $17.5 billion in cash and securities at the end of the period.</p>

<p>OpenAI looks to meet its full-year revenue target of $13 billion and a cash-burn target of $8.5 billion, the report added.</p>

<p>In August, Reuters reported that OpenAI was in early-stage discussions about a stock sale that would allow employees to cash out and likely valuing the company at about $500 billion.</p>

<p>Nvidia said last week it will invest up to $100 billion in OpenAI and supply data‑center chips.</p>

<p>(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Janane Venkatraman)</p>

<a href="https://data852.click/5a32cd58501e613bf372/ee0a75caf0/?placementName=default" class="dirlink-1">Original Article on Source</a>

Source: "AOL Money"

Читать на сайте


Source: AsherMag

Full Article on Source: Astro Blog

#LALifestyle #USCelebrities

 

VENUS MAG © 2015 | Distributed By My Blogger Themes | Designed By Templateism.com