OpenAI set for explosive 10x growth in consumer sector, says Altimeter Capital’s Vivek Goyal

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Altimeter Capital, a leading technology-focused investment firm, is betting big on OpenAI, projecting a phenomenal tenfold growth in the AI powerhouse’s revenue from the consumer sector alone within the next five to seven years.

In an exclusive interview with CNBC-TV18, Vivek Goyal, Partner at Altimeter Capital, emphasised OpenAI’s strong position, stating, “We believe the company can grow from $10 billion to $100 billion in the next 5–7 years, just by targeting Google and Meta’s TAM.” This ambitious target is primarily driven by the belief that…



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OpenAI set for explosive 10x growth in consumer sector, says Altimeter Capital’s Vivek Goyal


Altimeter Capital, a leading technology-focused investment firm, is betting big on OpenAI, projecting a phenomenal tenfold growth in the AI powerhouse’s revenue from the consumer sector alone within the next five to seven years.

In an exclusive interview with CNBC-TV18, Vivek Goyal, Partner at Altimeter Capital, emphasised OpenAI’s strong position, stating, “We believe the company can grow from $10 billion to $100 billion in the next 5–7 years, just by targeting Google and Meta’s TAM.” This ambitious target is primarily driven by the belief that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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