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Stealth • 6m

OpenAI has generated $3.4 billion in annualized revenue from ChatGPT subscriptions as of mid-2024. This represents a more than doubling of revenue from late 2023, when it was around $1.6 billion. Most of OpenAI's revenue, about $3.2 billion on an annualized basis, comes directly from ChatGPT subscriptions and enterprise usage fees. The company has seen accelerating adoption of its conversational AI and chatbot technology by businesses and individuals. OpenAI's impressive revenue growth underscores the rapid expansion of its business, despite intensifying competition in the sector. The company has allied with Microsoft, which has invested over $10 billion and provides OpenAI access to Azure cloud servers. Microsoft is embedding ChatGPT into many of its services. The cost to run ChatGPT at scale is estimated at $3 million per month for OpenAI. However, the technology's popularity has far exceeded expectations, with ChatGPT reaching 100 million active user 🔥🎯

1 replies5 likes

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Anonymous 1

Stealth • 6m

$3mn per month?! 😮

0 replies

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Stealth • 2m

Claude’s revenue: $150 million. ChatGPT’s revenue: $2.7 billion. For most people, "AI" essentially means ChatGPT. . . . Why is ChatGPT the AI that everyone knows? Simple: DISTRIBUTION. OpenAI hasn’t just made a great product, they’ve made sure it

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Yogesh Kuhade

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VCGuy

Stealth • 6m

Several reports indicate that OpenAI has doubled its revenue in <6 months. Late 2023: $1.6 B May 2024: $3.4 B 💡FutureSearch's report provides an interesting estimation of OpenAI's revenue breakdown - - $1.9 B from ChatGPT+, 7.7 M paying subscrib

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Uttkarsh Singh

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🚨BREAKING NEWS: Microsoft and Apple are quitting the board of OpenAI ~ Bloomberg

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Vaibhav Babruwan Shingde

Stealth • 10d

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Anonymous

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Praveena J

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Microsoft is competing against it's closest AI partner OpenAI. What do you guys think about the future of OpenAI under the Microsoft's dominance?

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OpenAI has released a new o1 AI model. The smarter but expensive model is available for only ChatGPT Plus and Team users. OpenAI Launches o1 Reasoning Model #OpenAI #ChatGPTo1 #artificalintelligence

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Nawal

Stealth • 3m

OpenAI is expected to face significant losses of approximately $44 billion before achieving profitability in 2029. A recent report from The Information sheds light on OpenAI's financial situation, revealing several key points: 1. OpenAI is unlikely