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AI News from ET - Can OpenAI respond after Google closes the AI technology gap?

Vishwadeep Khatri
in AI News & Two Lenses

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OpenAI’s early lead in artificial intelligence is narrowing as Google, Anthropic and others release competing models. By the end of 2025, OpenAI expects to reach monthly revenues that translate to $20 billion in income each year, according to Sam Altman, the company's chief executive. But OpenAI is still a long way from being profitable. Over the next several years, the company says it is committed to spending $1.4 trillion on the computing power it needs to build and deploy its many AI technologies.

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