OpenAI hits $12 billion in annualised revenue: Report

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ChatGPT-maker OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualised revenue, the Information reported on Wednesday (July 30) citing a source.

Reuters could not immediately confirm the report. OpenAI declined to comment.

The figure implies that OpenAI is generating $1 billion 

a month, the report said, adding that the company has around 700 million weekly active users for its ChatGPT products used by both consumers and business customers.

The Microsoft-backed company has increased its…



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OpenAI hits $12 billion in annualised revenue: Report


ChatGPT-maker OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualised revenue, the Information reported on Wednesday (July 30) citing a source.

Reuters could not immediately confirm the report. OpenAI declined to comment.

The figure implies that OpenAI is generating $1 billion 

a month, the report said, adding that the company has around 700 million weekly active users for its ChatGPT products used by both consumers and business customers.

The Microsoft-backed company has increased its…



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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