OpenAI has reportedly missed its internal targets for the number of active ChatGPT users, as well as multiple revenue goals. Because of this, The Wall Street Journal reports that CFO Sarah Friar has expressed worries about whether the firm can afford the billions of dollars of future compute contracts it has taken on.
The company is banking on explosive growth to fund all these expenses, with Altman and Friar saying in a joint statement toWSJ, “We are totally aligned on buying as much compute as we can and working hard on it together every day.” Many corporate investors felt that it was on the right track, with the startup raising $122 billion in its latest funding round, exceeding it $100 billion target. However, one analyst said that OpenAI could run out of cash by mid-2027 unless it continues bringing in massive amounts of investments, like what we saw recently.
