From Google: 2024-10-11 05:00:00

OpenAI’s adjusted earnings suggest a similarity to the financial troubles of Groupon and WeWork. The tech company reported $1.4 billion in revenue in 2021, with $4.6 billion in outflows due to investments and other expenses. This discrepancy is concerning for investors, as it mirrors the situations that led to the downfall of the aforementioned companies.



Read more at Google: OpenAI’s AI-adjusted earnings numbers have echoes of Groupon and WeWork – Business Insider