[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-openai-is-putting-profits-first-yet-it-s-bleeding-an-astronomical-amount-of-money":3,"nav-categories":204},{"post":4,"published_news":30,"popular_news":102,"categories":176},{"title":5,"description":6,"meta_title":5,"meta_description":6,"meta_keywords":7,"text":8,"slug":9,"created_at":10,"publish_at":11,"formatted_created_at":12,"category_id":13,"links":14,"view_type":19,"video_url":20,"views":21,"likes":22,"lang":23,"comments_count":22,"category":24},"OpenAI Is Putting Profits First, Yet It's Bleeding an Astronomical Amount of Money","ChatGPT creator OpenAI is hemorrhaging massive amounts of cash and failing to make up for it in revenue, The New York Times reports.","OpenAI Is Putting Profits First, Yet It's Bleeding an Astronomical Amount of Money, ChatGPT","\u003Cp>Hello!\u003C/p>\n\n\u003Cp>\u003Ca href=\"https://quasa.io/media/it-turns-out-chatgpt-s-voice-mode-can-scream-and-it-s-an-upsetting-sound\">ChatGPT\u003C/a> creator \u003Ca href=\"https://quasa.io/media/openai-pivoting-from-benefiting-humanity-to-making-lots-of-money\">OpenAI\u003C/a> is hemorrhaging massive amounts of cash and failing to make up for it in revenue, \u003Cem>The New York Times \u003C/em>reports.\u003C/p>\n\n\u003Cp>Per the report, OpenAI projected in a document passed around to potential investors that it expects to lose a staggering $5 billion this year — a figure that eclipses the company's projected year-end revenue of around $3.7 billion.\u003C/p>\n\n\u003Cp>\u003Cpicture class=\"image-align-left\">\u003Csource srcset=\"https://cdn.quasa.io/photos/foto-19/mmmmmmmmm-1.webp\" type=\"image/webp\">\u003Cimg alt=\"OpenAI Is Putting Profits First, Yet It's Bleeding an Astronomical Amount of Money\" class=\"image-align-left\" height=\"168\" src=\"https://cdn.quasa.io/photos/foto-19/mmmmmmmmm-1.jpeg\" width=\"300\" />\u003C/picture>The \u003Ca href=\"https://quasa.io/media/chatgpt-artificial-intelligence-causes-a-sensation-with-amazingly-good-answers\">AI\u003C/a> company chalked its sky-high costs up to employee salaries, office rent, and operating costs. Though $5 billion might be an undercount, as OpenAI failed to include noteworthy expenses like equity-based compensation for staffers "among several large expenses not fully explained in the documents," as the \u003Cem>NYT \u003C/em>put it.\u003C/p>\n\n\u003Cp>The news comes amid turmoil at OpenAI, which last week saw the shock departure of now-former chief technology officer Mira Murati — the latest in a string of surprising and mysterious exits by high-profile executives — shortly before OpenAI announced that it would be moving away from its famously nonprofit-driven model.\u003C/p>\n\n\u003Cp>The details of what such a change will entail are unclear. But moving forward, rather than having to defer to its nonprofit board, OpenAI and its CEO Sam Altman will likely have much more control over the direction of the company, its allegedly humanity-benefiting products, and its priorities.\u003C/p>\n\n\u003Cp>\u003Cpicture class=\"image-align-left\">\u003Csource srcset=\"https://cdn.quasa.io/photos/foto-19/mmmmmmmmm-2.webp\" type=\"image/webp\">\u003Cimg alt=\"OpenAI Is Putting Profits First, Yet It's Bleeding an Astronomical Amount of Money\" class=\"image-align-left\" height=\"225\" src=\"https://cdn.quasa.io/photos/foto-19/mmmmmmmmm-2.png\" width=\"225\" />\u003C/picture>But despite putting profits first, the company is likely still many years out from making any profit — and investors are starting to ask some big questions about whether that will ever change.\u003C/p>\n\n\u003Ch4>\u003Cstrong>Money Train\u003C/strong>\u003C/h4>\n\n\u003Cp>The documents reviewed by the\u003Cem> NYT\u003C/em> were handed to potential investors looking to take part in OpenAI's ongoing funding round. The still-private company is hoping to raise upwards of $7 billion, a number that would bring OpenAI's overall value up to an astonishing $150 billion.\u003C/p>\n\n\u003Cp>And yet, OpenAI's long-term revenue model remains murky at best.\u003C/p>\n\n\u003Cp>\u003Cstrong>Also read:\u003C/strong>\u003C/p>\n\n\u003Cul>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/scientists-shocked-that-middle-school-is-horrible-if-you-re-ugly-and-bad-at-sports\">Scientists Shocked That Middle School Is Horrible If You’re Ugly and Bad at Sports\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/top-8-things-you-won-t-miss-after-starting-your-own-business\">Top 8 Things You Won’t Miss after Starting Your Own Business\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/how-to-download-subtitles-from-youtube-videos\">How to Download Subtitles from YouTube Videos\u003C/a>\u003C/li>\n\u003C/ul>\n\n\u003Cp>In the documents, \u003Ca href=\"https://quasa.io/media/openai-s-new-strawberry-ai-is-still-making-idiotic-mistakes\">OpenAI\u003C/a> reportedly boasted that, as of June, over 350 million people used its products each month. That's an impressive number, sure, but keeping up with operating costs for those users isn't cheap.\u003C/p>\n\n\u003Cp>\u003Cpicture class=\"image-align-left\">\u003Csource srcset=\"https://cdn.quasa.io/photos/foto-19/mmmmmmmmm-7.webp\" type=\"image/webp\">\u003Cimg alt=\"OpenAI Is Putting Profits First, Yet It's Bleeding an Astronomical Amount of Money\" class=\"image-align-left\" height=\"168\" src=\"https://cdn.quasa.io/photos/foto-19/mmmmmmmmm-7.jpeg\" width=\"299\" />\u003C/picture>Only about ten million ChatGPT users cough up 20 bucks for a monthly subscription for access to OpenAI's more advanced models.\u003C/p>\n\n\u003Cp>Given the incredible amount of energy and capital that it takes to power frontier AI models, it's unlikely that any AI company can subsist entirely on subscription fees.\u003C/p>\n\n\u003Cp>And in the meantime, OpenAI will need to keep on bleeding billions of dollars as it builds out the infrastructure needed to sustain these models.\u003C/p>\n\n\u003Cp>Thank you!\u003Cbr />\nJoin us on social media!\u003Cbr />\nSee you!\u003C/p>","openai-is-putting-profits-first-yet-it-s-bleeding-an-astronomical-amount-of-money","2024-10-04T16:07:33.000000Z","2024-10-04T10:30:00.000000Z","04.10.2024",32,{"image":15,"image_webp":16,"thumb":17,"thumb_webp":18},"https://cdn.quasa.io/images/news/im5XtYfPyt5WevtWVee1Sh8RohOyA4ZuliyNaV19.jpg","https://cdn.quasa.io/images/news/im5XtYfPyt5WevtWVee1Sh8RohOyA4ZuliyNaV19.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/im5XtYfPyt5WevtWVee1Sh8RohOyA4ZuliyNaV19.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/im5XtYfPyt5WevtWVee1Sh8RohOyA4ZuliyNaV19.webp","large",null,1379,0,"en",{"id":13,"title":25,"slug":26,"meta_title":25,"meta_description":27,"meta_keywords":27,"deleted_at":20,"created_at":28,"updated_at":29,"lang":23},"Artificial Intelligence","artificial-intelligence","Artificial Intelligence, ai, ml, machine learning, chatgpt, 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Personal","For years, X (formerly Twitter) has been a playground for undisclosed promotions, coordinated spam networks, and “native” advertising that masquerades as organic content.","x-is-finally-cracking-down-on-unlabeled-ads-and-it-s-personal","2026-04-19T15:07:48.000000Z",{"title":68,"slug":69},"Business","business",{"image":71,"image_webp":72,"thumb":73,"thumb_webp":74},"https://cdn.quasa.io/images/news/CQJ1gdssFGyJpfhfmRU2X4WT5fk5Boc8APXsjWX6.jpg","https://cdn.quasa.io/images/news/CQJ1gdssFGyJpfhfmRU2X4WT5fk5Boc8APXsjWX6.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/CQJ1gdssFGyJpfhfmRU2X4WT5fk5Boc8APXsjWX6.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/CQJ1gdssFGyJpfhfmRU2X4WT5fk5Boc8APXsjWX6.webp",25,{"title":77,"description":78,"slug":79,"created_at":80,"publish_at":81,"formatted_created_at":36,"category":82,"links":83,"view_type":45,"video_url":20,"views":88,"likes":22,"lang":23,"comments_count":22,"is_pinned":47},"Bitcoin Developers Propose BIP-361: Quantum-Proof Migration That Would Freeze Millions of Legacy Coins","In a move that could reshape the security of Bitcoin’s unspent transaction outputs forever, Bitcoin developers have introduced BIP-361 — officially titled “Post Quantum Migration and Legacy Signature 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Lots podcast, Thomas Peterffy — founder, chairman, and CEO of Interactive Brokers (IBKR) — sat down to discuss one of the most intriguing projects in his company’s 50-year history: IBKR ForecastTrader, the brokerage giant’s freshly launched prediction market 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We offer to place your article, add a link or order the writing of an article for publication.","advertising-on-quasa","2022-07-06T07:33:02.000000Z","2025-12-15T17:33:02.000000Z","15.12.2025",{"title":54,"slug":55},{"image":125,"image_webp":126,"thumb":127,"thumb_webp":128},"https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp",70586,4,{"title":132,"description":133,"slug":134,"created_at":135,"publish_at":136,"formatted_created_at":137,"category":138,"links":139,"view_type":45,"video_url":20,"views":142,"likes":130,"lang":23,"comments_count":22,"is_pinned":47},"What is a Startup?","A startup is not a new company, not a tech company, nor a new tech company. 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