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

April 27 (Reuters) - 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.

(Reporting by ​Disha Mishra in Bengaluru, additional reporting by Chandni Shah in Bengaluru; Editing by Rashmi ‌Aich)

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