OpenAI headed for $1-billion annual revenue

United States News News

OpenAI headed for $1-billion annual revenue
United States Latest News,United States Headlines
  • 📰 mybroadband
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

The Microsoft-backed ChatGPT creator is earning roughly $80 million in revenue monthly

OpenAI is on track for $1 billion of annual revenue as businesses adopt the technology behind ChatGPT, the generative AI bot that ignited a wave of artificial intelligence investment.

The Information first reported on OpenAI’s revenue, including that it lost around $540 million in 2022 developing GPT-4 and ChatGPT. OpenAI is regarded as one of several companies at the forefront of generative AI, which can create content from videos to poetry out of a few simple user commands.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mybroadband /  🏆 11. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OpenAI launches ChatGPT for businessesOpenAI launches ChatGPT for businessesThe rollout of ChatGPT Enterprise is a move forward in OpenAI’s plans to make money from its ubiquitous chatbot, which is enormously popular but very expensive to operate because robust AI models require lots of computing power.
Read more »

OpenAI unveils ChatGPT for businesses, stepping up revenue pushOpenAI unveils ChatGPT for businesses, stepping up revenue pushThe new tool includes unlimited use of OpenAI’s most powerful generative AI model, GPT-4, as well as data encryption and a guarantee that the startup won’t use data from customers to develop its technology.
Read more »

OpenAI launches business version of ChatGPT after blowback over privacyOpenAI launches business version of ChatGPT after blowback over privacyChatGPT creator OpenAI has unveiled a business version of its artificial intelligence-powered chatbot as the startup grapples with declining users and concerns about the potential harms of AI.
Read more »

OpenAI nears $1bn of annual sales as ChatGPT takes offOpenAI nears $1bn of annual sales as ChatGPT takes offThe rollout of ChatGPT Enterprise is a move forward in OpenAI’s plans to make money from its ubiquitous chatbot.
Read more »

ChatGPT Enterprise: Here's how your business can benefitChatGPT Enterprise: Here's how your business can benefitOpenAI unveiled ChatGPT Enterprise, offering businesses powerful AI for extended inputs and enhanced privacy.
Read more »

Systems Administrator/ IT Support (On-site)Systems Administrator/ IT Support (On-site)Job Description: Minimum Requirements: Matric / Grade 12, A+, N+ Microsoft Certified: Windows Server Hybrid Administrator Associate Microsoft Certified: Azure Administrator Associate Information Technology certificate, related diploma, or degree. Minimum of 5 years’ systems administration experience. Minimum of 3 years’ user support experience. Advantageous ISO 27001 Foundation ITIL Foundation COBIT Foundation Microsoft O365 Cloud Support, […]
Read more »



Render Time: 2025-03-01 13:44:25