Trending News: Capital One and Discover merger approved by Federal ReserveDiscord sued by New Jersey over child safety featuresTrump administration announces fees on Chinese ships docking at U.S. portsAsia-Pacific markets trade mixed as investors parse Japan inflation dataS&P 500 ekes out a gain, Dow tumbles 500 points to post three-day losing runUnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurersEuropean Central Bank cuts interest rates, warns of ‘deteriorated’ growth outlook on trade tensionsNetflix posts major earnings beat as revenue grows 13% in first quarterBanco Santander deposes Swiss giant UBS as continental Europe’s largest bankEurope markets fall ahead of ECB decision; Siemens Energy jumps 12% on upgraded forecastAsia markets rise after Wall Street slides overnightTech stocks drop as Nvidia, AMD warn of higher costs from China export controlsHertz shares surge more than 50% after Ackman takes stake in rental car firmOpenAI says newest AI model can ‘think with images’Abbott Labs shares surge on earnings and a big sign of confidence in the businessNissan aims to ‘max out’ U.S. production plant amid Trump’s tariffsNasdaq drops 4% as tech sell-off accelerates, Dow slides 900 pointsNvidia says it will record $5.5 billion charge tied to H20 processors exported to ChinaS&P 500 futures slide Tuesday as Nvidia shares tumble, traders await retail sales dataHPE shares rise after activist Elliott Management takes $1.5 billion stakeUniversal’s new Epic Universe park could generate billions for FloridaS&P 500 seesaws as investors digest latest earnings and tariff volatility easesAmerican Airlines to make Wi-Fi free on most of its fleet in 2026Asia-Pacific markets mostly rise after tech rally pushes Wall Street higherBank of America tops estimates on better-than-expected interest income, tradingSony raises PlayStation 5 prices in Europe citing ‘challenging’ economic environmentHarvard rejects Trump demands on DEI, imperiling $9 billion in federal fundingAuto stocks rise as Trump says he wants to ‘help’ some car companiesU.S. dollar declines and euro gains amid Trump tariffs catches investors off guardDow Jones gains nearly 300 points in choppy trading, Apple climbs 3%Europe stocks close higher as Trump tariff exemptions boost sentiment2 dead, 2 injured in Sterling Heights crash involving 6 vehiclesMan arrested after stabbing woman to death inside Budlong Woods homePolice shoot woman during New Hampshire traffic stopWhite House releases results from President Trump’s physicalTaiwan holds first tariff talks with United StatesTrump exempts phones, computers, chips from new tariffsUK economy expands by 0.5% in February, more than expectedHow China’s exporters are scrambling to mitigate the impact of punishing U.S. tariffsMorgan Stanley tops quarterly estimates as equity trading revenue surges 45%Dow jumps 600 points Friday, capping one of the most volatile weeks on Wall Street everStockton shooting leaves 17-year-old boy dead, police sayJudge convicted of shooting her ex-boyfriend as he sleptMan allegedly armed with knife shot by police in El MonteEurope stocks close 4% higher for best session in three years as U.S. sell-off resumesS&P 500 tumbles nearly 5%, cutting Wednesday’s historic rally in halfDow Jones plunges 1,700 points, cutting gain from Wednesday’s historic rally in halfApple drops 5% after notching best day since 1998Fintech’s Affirm, Paypal sink as stocks pull back from tariff pause rallyTrump temporarily drops tariffs to 10% for most countries, hits China harderBitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffsChina slaps 84% retaliatory tariffs on U.S. goods in response to TrumpU.S. oil tumbles more than 6%, trades below $56 as China imposes tariffsEuropean Union approves first set of retaliatory tariffs on U.S. importsEuropean stocks fall 3% as Trump’s reciprocal tariffs take effectInvestors flee to German bonds as Trump tariffs spark Treasury sell-offS&P 500 ticks higher even as global trade tensions intensifyStock market relief rally fizzles out with S&P 500 erasing nearly all of 4% gainEuropean stocks close 2.7% higher, snapping streak of tariff-led lossesOil prices rise more than 1% after booking steep losses on fears of full-blown trade warCrypto firm Ripple to buy prime broker Hidden Road for $1.25 billionTech, semiconductor stocks bounce on tariff optimism, Nvidia jumps 5%Walgreens tops estimates as drugstore chain cuts costs, prepares to go privateEuropean stocks jump 2.8%, reversing course after streak of tariff-led lossesDow Jones rebounds 800 points on rising hopes for tariff dealsThe best April Fools’ Day pranks in South Australia in 2025The prom dress that is causing a sensation among high school studentsStocks making the biggest moves midday: U.S. Steel, Tesla, Dollar Tree and moreRestaurant stocks fall as investors fear recession, sales slowdownGoldman cuts U.S. oil price forecast as recession risk rises on Trump tariffsTrump orders new review of U.S. Steel acquisition by Japan’s Nippon SteelSpirit Airlines CEO Ted Christie steps downBond yields tank around the world as investors take cover amid equity routDow Jones is down 500 points in wild session after 1,700-point loss earlier in sessionMonday’s top analyst calls: Nvidia, Apple, Tesla, Netflix, Bank of America, MetaEuropean stocks tank 3%, bourses volatile amid tariff turmoilCrypto veterans seek to make publicly traded Janover the MicroStrategy of SolanaTeen falls 20 feet in abandoned plant, taken to hospital1 dead, 4 wounded after shooting in South Los AngelesMilk truck overturns on Interstate 65 near Lowell, Indiana2 people shot outside Foothills Mall, Fort Collins police say; Suspect at largeDeadly crash closes southbound lanes on Dan Ryan Expressway at 87th StreetMultiple-story residential building catches fire along Washington Street in San FranciscoEU seeks unity in first strike back at Trump tariffsMeta debuts new Llama 4 models, but most powerful AI model is still to comeWarren Buffett’s Berkshire Hathaway is weathering the historic market routWoman fatally shot in West Miami-Dade home, MDSO saysDetroit Red Wings hold on to beat Carolina Hurricanes 5-3Fire rips through multi-unit apartment in Gurnee, Illinois1 dead, another hurt in crash involving semi-truck on Dan Ryan ExpresswayCurry scores 36 as Warriors beat Nuggets 118-104 for fifth straight winRussian airstrike in Zelenskyy’s hometown in Ukraine kills at least 18Buy these cheap dividend-paying stocks with hot yields, Bank of America saysSEC clarifies that most stablecoins are not securitiesS&P 500′s 10% 2-day collapse ranks among the deepest in historyJapan stocks extend declines as Trump tariffs roil markets, Nikkei falls over 3%How car giants are reacting to Trump’s tariffs: Live UpdatesEurope markets plummet 5% as China slaps retaliatory tariffs on U.S.This options trade protects and provides a steady income stream as stocks sell offKlarna, StubHub delay IPOs as Trump’s tariffs roil markets
Fri. Apr 18th, 2025
Trending News: Capital One and Discover merger approved by Federal ReserveDiscord sued by New Jersey over child safety featuresTrump administration announces fees on Chinese ships docking at U.S. portsAsia-Pacific markets trade mixed as investors parse Japan inflation dataS&P 500 ekes out a gain, Dow tumbles 500 points to post three-day losing runUnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurersEuropean Central Bank cuts interest rates, warns of ‘deteriorated’ growth outlook on trade tensionsNetflix posts major earnings beat as revenue grows 13% in first quarterBanco Santander deposes Swiss giant UBS as continental Europe’s largest bankEurope markets fall ahead of ECB decision; Siemens Energy jumps 12% on upgraded forecastAsia markets rise after Wall Street slides overnightTech stocks drop as Nvidia, AMD warn of higher costs from China export controlsHertz shares surge more than 50% after Ackman takes stake in rental car firmOpenAI says newest AI model can ‘think with images’Abbott Labs shares surge on earnings and a big sign of confidence in the businessNissan aims to ‘max out’ U.S. production plant amid Trump’s tariffsNasdaq drops 4% as tech sell-off accelerates, Dow slides 900 pointsNvidia says it will record $5.5 billion charge tied to H20 processors exported to ChinaS&P 500 futures slide Tuesday as Nvidia shares tumble, traders await retail sales dataHPE shares rise after activist Elliott Management takes $1.5 billion stakeUniversal’s new Epic Universe park could generate billions for FloridaS&P 500 seesaws as investors digest latest earnings and tariff volatility easesAmerican Airlines to make Wi-Fi free on most of its fleet in 2026Asia-Pacific markets mostly rise after tech rally pushes Wall Street higherBank of America tops estimates on better-than-expected interest income, tradingSony raises PlayStation 5 prices in Europe citing ‘challenging’ economic environmentHarvard rejects Trump demands on DEI, imperiling $9 billion in federal fundingAuto stocks rise as Trump says he wants to ‘help’ some car companiesU.S. dollar declines and euro gains amid Trump tariffs catches investors off guardDow Jones gains nearly 300 points in choppy trading, Apple climbs 3%Europe stocks close higher as Trump tariff exemptions boost sentiment2 dead, 2 injured in Sterling Heights crash involving 6 vehiclesMan arrested after stabbing woman to death inside Budlong Woods homePolice shoot woman during New Hampshire traffic stopWhite House releases results from President Trump’s physicalTaiwan holds first tariff talks with United StatesTrump exempts phones, computers, chips from new tariffsUK economy expands by 0.5% in February, more than expectedHow China’s exporters are scrambling to mitigate the impact of punishing U.S. tariffsMorgan Stanley tops quarterly estimates as equity trading revenue surges 45%Dow jumps 600 points Friday, capping one of the most volatile weeks on Wall Street everStockton shooting leaves 17-year-old boy dead, police sayJudge convicted of shooting her ex-boyfriend as he sleptMan allegedly armed with knife shot by police in El MonteEurope stocks close 4% higher for best session in three years as U.S. sell-off resumesS&P 500 tumbles nearly 5%, cutting Wednesday’s historic rally in halfDow Jones plunges 1,700 points, cutting gain from Wednesday’s historic rally in halfApple drops 5% after notching best day since 1998Fintech’s Affirm, Paypal sink as stocks pull back from tariff pause rallyTrump temporarily drops tariffs to 10% for most countries, hits China harderBitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffsChina slaps 84% retaliatory tariffs on U.S. goods in response to TrumpU.S. oil tumbles more than 6%, trades below $56 as China imposes tariffsEuropean Union approves first set of retaliatory tariffs on U.S. importsEuropean stocks fall 3% as Trump’s reciprocal tariffs take effectInvestors flee to German bonds as Trump tariffs spark Treasury sell-offS&P 500 ticks higher even as global trade tensions intensifyStock market relief rally fizzles out with S&P 500 erasing nearly all of 4% gainEuropean stocks close 2.7% higher, snapping streak of tariff-led lossesOil prices rise more than 1% after booking steep losses on fears of full-blown trade warCrypto firm Ripple to buy prime broker Hidden Road for $1.25 billionTech, semiconductor stocks bounce on tariff optimism, Nvidia jumps 5%Walgreens tops estimates as drugstore chain cuts costs, prepares to go privateEuropean stocks jump 2.8%, reversing course after streak of tariff-led lossesDow Jones rebounds 800 points on rising hopes for tariff dealsThe best April Fools’ Day pranks in South Australia in 2025The prom dress that is causing a sensation among high school studentsStocks making the biggest moves midday: U.S. Steel, Tesla, Dollar Tree and moreRestaurant stocks fall as investors fear recession, sales slowdownGoldman cuts U.S. oil price forecast as recession risk rises on Trump tariffsTrump orders new review of U.S. Steel acquisition by Japan’s Nippon SteelSpirit Airlines CEO Ted Christie steps downBond yields tank around the world as investors take cover amid equity routDow Jones is down 500 points in wild session after 1,700-point loss earlier in sessionMonday’s top analyst calls: Nvidia, Apple, Tesla, Netflix, Bank of America, MetaEuropean stocks tank 3%, bourses volatile amid tariff turmoilCrypto veterans seek to make publicly traded Janover the MicroStrategy of SolanaTeen falls 20 feet in abandoned plant, taken to hospital1 dead, 4 wounded after shooting in South Los AngelesMilk truck overturns on Interstate 65 near Lowell, Indiana2 people shot outside Foothills Mall, Fort Collins police say; Suspect at largeDeadly crash closes southbound lanes on Dan Ryan Expressway at 87th StreetMultiple-story residential building catches fire along Washington Street in San FranciscoEU seeks unity in first strike back at Trump tariffsMeta debuts new Llama 4 models, but most powerful AI model is still to comeWarren Buffett’s Berkshire Hathaway is weathering the historic market routWoman fatally shot in West Miami-Dade home, MDSO saysDetroit Red Wings hold on to beat Carolina Hurricanes 5-3Fire rips through multi-unit apartment in Gurnee, Illinois1 dead, another hurt in crash involving semi-truck on Dan Ryan ExpresswayCurry scores 36 as Warriors beat Nuggets 118-104 for fifth straight winRussian airstrike in Zelenskyy’s hometown in Ukraine kills at least 18Buy these cheap dividend-paying stocks with hot yields, Bank of America saysSEC clarifies that most stablecoins are not securitiesS&P 500′s 10% 2-day collapse ranks among the deepest in historyJapan stocks extend declines as Trump tariffs roil markets, Nikkei falls over 3%How car giants are reacting to Trump’s tariffs: Live UpdatesEurope markets plummet 5% as China slaps retaliatory tariffs on U.S.This options trade protects and provides a steady income stream as stocks sell offKlarna, StubHub delay IPOs as Trump’s tariffs roil markets
Fri. Apr 18th, 2025

OpenAI expects revenue will triple to $12.7 billion this year

  • OpenAI sees revenue tripling this year to $12.7 billion, preCharge News has confirmed.
  • The company is facing increased pressure to live up to its sky-high valuation.
  • As of last month, SoftBank was set to invest $40 billion in OpenAI at a valuation of $260 billion.

_________

preCharge News BUSINESS — OpenAI expects revenue will triple to $12.7 billion in 2025, preCharge News has confirmed.

Bloomberg was first to report on the revenue figure, which was confirmed to preCharge News by a source familiar with the matter who asked not to be named because the number is private.

Microsoft, OpenAI’s principal investor and key strategic partner, recorded $13 billion in annual recurring revenue in the fourth quarter, up 175% from a year earlier.

Earlier this week, OpenAI announced some key changes in the C-suite. CEO Sam Altman will shift his focus away from day-to-day operations and focus more on research and product, the company said, while operating chief Brad Lightcap’s role will expand to oversee “business and day-to-day operations.”

OpenAI CEO Sam Altman and OpenAI logo

OpenAI is facing increased competition in generative artificial intelligence from other high-value startups such as Anthropic and Perplexity and tech giants including Google and Microsoft.

As of last month, SoftBank was set to invest $40 billion in OpenAI at a $260 billion valuation. Part of the funding is expected to be used for OpenAI’s commitment to Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by President Donald Trump.

On Tuesday, OpenAI announced it would introduce native image generation within ChatGPT. The feature has begun rolling out to ChatGPT PLUS, Pro and Team users, as well as users of ChatGPT’s free tier, when they use OpenAI’s 4o model. The company said ChatGPT Enterprise and Edu users will soon receive access.

Want to earn some extra money on the side? Buy PCPi Coin or Subscribe to VIP and get dividens monthly.



____
Associated Press, CNBC News, Fox News, and preCharge News contributed to this report.

This is a developing news story. More information will be provided as soon as it becomes available. 


Eduardo Sifuentes

His elite education from Harvard and MIT equips him to drive innovative, high-impact projects that redefine industry standards.

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