<ul><li>OpenAI is projected to triple its revenue this year, reaching $12.7 billion.</li><li>The company expects its revenue to more than double to $29.4 billion next year.</li><li>Despite the increase in revenue, OpenAI faces high operational costs due to AI chips, data center expenses, and talent acquisition.</li><li>OpenAI is set to finalize a $40 billion funding round led by SoftBank Group Corp, with other investors also participating.</li></ul>

OpenAI Expects Its Revenue to Triple to $12.7 Billion This Year: Reports

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