PANews reported on November 3rd that OpenAI founder Altman expressed optimism about the company's revenue forecast in a podcast, stating he would seize the opportunity to counter critics. When asked how OpenAI could make a financial commitment exceeding one trillion dollars with annual revenue of only $13 billion, Altman said, "Our actual revenue is far higher than that number." In recent weeks, OpenAI has announced large-scale AI infrastructure collaborations with companies such as Nvidia, Broadcom, and Oracle. Despite OpenAI continuing to raise billions of dollars from investors and generating more revenue, Altman also warned that losses will persist. Previously, media analysis based on Microsoft's financial report suggested that OpenAI's quarterly losses might exceed $12 billion.
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According to Lookonchain monitoring, Bitmine appears to have purchased 128,718 ETH ($480 million) following the market crash. Six new wallets (likely belonging to Bitmine) withdrew 128,718 ETH ($480 million) from FalconX and Kraken, according to PANews on October 12.
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Singapore's OCBC Bank launches $1 billion blockchain-based digital dollar commercial paper program
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