AIGuardian Technologyabout 2 hours ago
OpenAI Revenue Projection Drops by $20bn
2 min read
OpenAI reduced its projected annual revenue to $50bn, a $20bn decrease from the $70bn figure signalled to investors last month. This adjustment follows safety concerns and impacts stock prices, with Nvidia falling 2.9% and Oracle down 5.5%. The company remains in early-stage talks to raise $30bn at a valuation of about $1.4tn.
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