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OpenAI falls short of revenue and user targets as it races toward IPO, WSJ reports

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OpenAI has ⁠fallen short of its goals for new users ​and revenue in ​recent months, sparking concern among some company leaders over whether it can support its extensive data-center spending, the Wall Street Journal reported on Monday, citing people familiar with ⁠the matter.


Here are a few details:


* ⁠CFO Sarah Friar has expressed concerns to other company leaders that the ChatGPT creator might not be ‌able to pay for future computing ​contracts if ⁠revenue doesn’t grow fast enough, according ​to the report.


* OpenAI ‌missed multiple monthly revenue targets earlier this year after losing ​ground to Anthropic in coding and enterprise markets, the report said.


* "This is ridiculous. We are totally aligned on buying as much compute as we can and ‌working hard on it together every day," ​CEO and co-founder Sam Altman and Friar said ​in ‌an ⁠emailed statement to Reuters.


* ChatGPT's growth slowed toward the end of last year, the WSJ ​report said, adding that OpenAI fell ⁠short of ​an internal target to reach 1 billion weekly active users for the artificial intelligence chatbot by year-end.


* The company has also grappled ​with subscriber defections, the report added. 


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