Data Center · Compute · OpenAI · Sam Altman · India · ChatGPT · Datacenter Dynamics
OpenAI overlooked revenue and user targets, runs into internal concern over meeting data center spend commitments - report
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OpenAI missed internal targets for new users and revenue, as executives grow increasingly concerned about its ballooning compute commitments, the Wall Street Journal reports.
Key facts
- The company this week reiterated that it had secured 10GW of AI infrastructure capacity ahead of its 2029 target
- This is ridiculous,” OpenAI CEO Sam Altman and Friar said in a joint statement
- OpenAI missed internal targets for new users and revenue, as executives grow increasingly concerned about its ballooning compute commitments, the Wall Street Journal reports
- CFO Sarah Friar told company leaders that she is worried the company might not be able to pay for future computing contracts if revenue doesn’t grow fast enough, the publication claims
Summary
CFO Sarah Friar told company leaders that she is worried the company might not be able to pay for future computing contracts if revenue doesn’t grow fast enough, the publication claims. “This is ridiculous,” OpenAI CEO Sam Altman and Friar said in a joint statement. The company this week reiterated that it had secured 10GW of AI infrastructure capacity ahead of its 2029 target. The generative AI firm fell short of an internal target to reach one billion weekly active users for its ChatGPT service for year-end.