OpenAI misses revenue, new user goals in painful stumble ahead of blockbuster IPO: report
Sebastian Ujică
OpenAI fell short of internal revenue and new user goals ahead of a potential IPO later this year – raising concerns about whether it will be able to offset massive spending on AI, according to a report. Shares in tech firms Oracle and SoftBank fell 3.4% and 11.3%, respectively, Tuesday as the report reheated fears of an AI spending bubble similar to the dot-com crisis of the early 2000s. The disappointing results have reportedly sowed doubt among top leadership, as Chief Financial Officer
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