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OpenAI recently did not meet revenue and user targets
CryptoWorld News reports that, according to The Wall Street Journal, OpenAI has recently failed to meet its own set targets for new user acquisition and sales, sparking internal concerns that the company may struggle to sustain its massive spending on AI infrastructure. The report cites sources familiar with the matter, stating that after competitors like Anthropic made progress in programming and enterprise markets, OpenAI was unable to achieve its internal goal of reaching 1 billion weekly active users for ChatGPT by the end of 2025. The company has yet to announce this milestone, causing some investors to feel uneasy. Additionally, sources familiar with relevant data say the company is also facing difficulties with subscriber churn rates. Chief Financial Officer Sarah Friar expressed concern in discussions with other executives, warning that if OpenAI cannot ramp up sales quickly enough, it may not be able to afford its future computing power needs. In recent months, Friar has also voiced reservations about OpenAI’s plan to go public by the end of this year. She emphasized to executives and the board that OpenAI needs to improve internal controls and warned that the company is not yet prepared to meet the strict disclosure standards required of a publicly listed company.