05:32 AM EDT, 04/28/2026 (MT Newswires) -- Microsoft-backed (MSFT) OpenAI recently missed its own targets for new users and revenue, according to The Wall Street Journal, citing unnamed sources.

OpenAI missed an internal goal of reaching one billion weekly active users for ChatGPT by the end of last year, people familiar with the goals told the Journal. It also missed its yearly revenue target for ChatGPT, the people told the WSJ.

OpenAI missed multiple monthly revenue targets earlier this year, people familiar with its finances told the news publication.

According to media reports, OpenAI Chief Executive Sam Altman aims for an initial public offering of the owner of ChatGPT as early as Q4 and has committed the AI firm to spending $600 billion over the next five years.

On April 1, the Fundrise Innovation Fund said OpenAI announced it had closed a new financing round of $122 billion in committed capital at a post-money valuation of $852 billion.

OpenAI did not immediately respond to a request for comment from MT Newswires.

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