00:00It's Benzinga bringing Wall Street to Main Street.
00:02OpenAI told investors in a financial document that its close relationship with Microsoft
00:07poses a potential risk because the company relies on the software firm for a substantial
00:11portion of its financing and compute, according to CNBC. The disclosure came as OpenAI raised
00:17$110 billion from partners including Amazon, NVIDIA, and SoftBank. It seeks an additional
00:24$10 billion, expected to close by the end of March. OpenAI reported $13.1 billion in 2025
00:31revenue and 900 million weekly active users for ChatGPT. It was valued at $730 billion.
00:39The company cited risks including high capital expenditures, reliance on compute, litigation
00:44with Elon Musk's XAI, and its public benefit structure. It said changes to its Microsoft
00:50partnership or failure to diversify partners could harm its business, results, and financial
00:55condition. OpenAI did not provide CNBC with a comment. For all things money, visit Benzinga.com.
Comments