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OpenAI Falls Short of Revenue and User Targets Ahead of IPO

·2026.04.28 09:00

Key point

OpenAI missed its new user and revenue targets, adding pressure to its IPO preparations.

Details

OpenAI recently fell short of both its new user and revenue targets.

As IPO preparations continue, this underperformance has raised concerns about whether the company can sustain its massive data center spending.

CFO Sarah Friar reportedly expressed concern to other executives that if revenue doesn't grow fast enough, it could become difficult to cover future compute contract costs.

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