TNB Tech Minute: OpenAI Misses Internal Targets Ahead of Potential IPO
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 28 April 2026
⏱️ 3 minutes
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| 0:00.0 | Access to affordable credit helps me pay my employees, but I don't really need it. |
| 0:05.0 | Infliction is killing me! |
| 0:08.0 | But who cares? Big retailers are making record profits! |
| 0:11.0 | That's why we support the Durban Marshall Credit Card Bill! |
| 0:15.0 | See? Banks and credit unions help small businesses make payroll. |
| 0:18.0 | This bill would cut the vital resources they need. |
| 0:25.0 | While increasing megastore profits, they deserve it, don't they? |
| 0:29.1 | Tell Congress, stop the Durban Marshall money grab for corporate megastores. |
| 0:31.2 | Paid for it by the Electronic Payments Coalition. |
| 0:38.1 | Here's your morning TNB Tech Minute for Tuesday, April 28th. I'm Imani Moes for the Wall Street Journal. |
| 0:43.5 | We exclusively report that OpenAI recently missed its own internal targets for weekly users and revenue, raising concern among company leaders about whether it'll be able to support |
| 0:48.4 | its massive spending on data centers. People familiar with the matter say CFO Sarah Friar has |
| 0:53.7 | told other company leaders that |
| 0:55.2 | she's worried the company might not be able to pay for future computing contracts if revenue |
| 0:59.8 | doesn't grow fast enough. Board directors are also questioning CEO Sam Altman's efforts to secure |
| 1:05.0 | even more computing power despite the business slowdown. In a joint statement, Altman and |
| 1:09.9 | Friar called any suggestion that they are at |
| 1:11.9 | odds, quote, ridiculous, and said they remained totally aligned on buying as much computing capacity as |
| 1:17.3 | possible. News Corp, the owner of the Wall Street Journal, has a content licensing partnership with OpenAI. |
| 1:23.8 | Australia's federal government released a draft of a new law today that would tax major tech companies if they don't agree to pay local media outlets for news distributed on Facebook, Google, and TikTok. |
| 1:33.3 | Australian authorities say the 2.25% levy would only apply to companies making over 180 million US dollars in local revenue. |
| 1:42.3 | The Prime Minister said any revenue generated by the tax |
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