Despite having raised over $6.6 billion last year alone, OpenAI reportedly lost around $5 billion in fiscal year 2024, thanks to expenditures including office rent, staffing, and AI training infrastructure. The company is said to be considering increasing the price of its various subscription tiers — CEO Sam Altman recently said OpenAI is losing money on its priciest plan — and exploring usage-based pricing for certain services.
Kyle Wiggers is a senior reporter at TechCrunch with a special interest in artificial intelligence. His writing has appeared in VentureBeat and Digital Trends, as well as a range of gadget blogs including Android Police, Android Authority, Droid-Life, and XDA-Developers. He lives in Brooklyn with his partner, a piano educator, and dabbles in piano himself. occasionally — if mostly unsuccessfully.