According to a report published by CNBC and seen by Sky News Arabia, OpenAI expected to incur losses during the current year of about $5 billion, despite its expectation that it would earn revenues of about $3.7 billion.
Last month, the company achieved revenues of $300 million, according to CNBC.
OpenAI expects to generate $11.6 billion in sales next year, according to the report.
The Microsoft-backed company is currently seeking a financing round that would value the company at more than $150 billion, according to statements by people familiar with the matter to CNBC.
Reports also revealed last week that the Board of Directors of OpenAI is considering plans to restructure the company into a profitable company.
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