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OpenAI misses revenue and user targets raising pressure ahead of its IPO race
Technology
Published on 28 April 2026
The CFO warns data center costs could bite
OpenAI has missed recent user and revenue targets, adding urgency as it pushes toward an IPO. The company’s CFO flagged concerns about covering massive data center expenses amid slowing ChatGPT growth. OpenAI is also losing some ground to a competitor in key markets, with subscriber defections further clouding momentum and funding outlook.
- OpenAI missed user and revenue targets ahead of IPO plans
- CFO cites worries about funding large data center costs
- ChatGPT growth has slowed and competitors are gaining ground
- Subscriber defections add pressure to regain momentum
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times