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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
OpenAI falls short of revenue and user targets as it race...
2026-04-28 · via Business News Today: Latest Business News, Finance News
SENSEX   77,226.17

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NIFTY   24,105.95

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CRUDEOIL   9,250.00

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GOLD   151,528.00

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SILVER   240,400.00

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SENSEX   77,226.17

 -77.46

NIFTY   24,105.95

+ 13.25

NIFTY   24,105.95

+ 13.25

CRUDEOIL   9,250.00

+ 144.00

CRUDEOIL   9,250.00

+ 144.00

GOLD   151,528.00

 -193.00

CFO raises concerns over funding compute contracts as growth slows and competition rises, WSJ reports

FILE PHOTO: Open AI and Microsoft logos are seen in this illustration on taken September 12, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

FILE PHOTO: Open AI and Microsoft logos are seen in this illustration on taken September 12, 2025. REUTERS/Dado Ruvic/Illustration/File Photo | Photo Credit: Dado Ruvic

OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-centre spending, The Wall Street Journal reported on Monday, citing people familiar with the matter.

Here are a few details:

  • CFO Sarah Friar has expressed concerns to other company leaders that the ChatGPT creator might not be able to pay for future computing contracts if revenue doesn’t grow fast enough, according to the report.
  • OpenAI missed multiple monthly revenue targets earlier this year after losing ground to Anthropic in coding and enterprise markets, the report said.
  • “This is ridiculous. We are totally aligned on buying as much compute as we can and working hard on it together every day,” CEO and co-founder Sam Altman and Friar said in an emailed statement to Reuters.
  • ChatGPT’s growth slowed toward the end of last year, the WSJ report said, adding that OpenAI fell short of an internal target to reach 1 billion weekly active users for the artificial intelligence chatbot by year-end.
  • The company has also grappled with subscriber defections, the report added.

Published on April 28, 2026

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