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Home News Business Microsoft-backed OpenAI sees $5B loss in 2024 (NASDAQ:MSFT)

Microsoft-backed OpenAI sees $5B loss in 2024 (NASDAQ:MSFT)

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Robert Way

Microsoft (NASDAQ:MSFT)-backed generative AI company OpenAI expects to lose roughly $5B this year despite generating about $3.7B in sales as the firm behind ChatGPT grapples with rising costs.

The financials, first reported by The New York Times, also indicate that



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