Posted by msmash on Monday September 08, 2025 @10:40AM from the all-the-money-in-the-world dept.
An anonymous reader shares a report: 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. The bad news? The computing costs to develop artificial intelligence that powers the chatbot, and other data center-related expenses, will rise even faster.
As a result, OpenAI projected its cash burn this year through 2029 will rise even higher than previously thought, to a total of $115 billion. That's about $80 billion higher than the company previously expected. The unprecedented projected cash burn, which would add to the roughly $2 billion it burned in the past two years, helps explain why the company is raising more capital than any private company in history.
This is an unauthorized cybernetic announcement.
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