Post on Medial

VCGuy

StealthĀ ā€¢Ā 4m

Several reports indicate that OpenAI has doubled its revenue in <6 months. Late 2023: $1.6 B May 2024: $3.4 B šŸ’”FutureSearch's report provides an interesting estimation of OpenAI's revenue breakdown - - $1.9 B from ChatGPT+, 7.7 M paying subscribers (55%) - $714 M from ChatGPT Enterprise, 1.2 M seats (21%) - $510 M from API fees (15%) - $290 M from ChatGPT Team, 980k seats (8%) šŸ“„OpenAI has conducted two tender offers in the past two years: - Early 2023: Employees sold stock options to a16z, Sequoia, and K2 Global at a $29 B valuation. - February 2024: Another ESOP sale led by Thrive Capital, valuing the company at $86 B valuation. ā©Reference point: AI companies in the top 25% are currently valued at around 41x their earnings (HuggingFace, AtomicAI, Perplexity)

0 replies12 likes
1

More like this

Recommendations from Medial

Image Description

VCGuy

StealthĀ ā€¢Ā 4m

Building SaaS from India for the world - Rocketlane raises a $24 M Series B. āž”ļøTotal Funding: $45 M (Seed at $3 M, Series A at $18 M) ā«Lead investors: 8VC, Matrix Partners and Nexus VP. In recent years, many Indian startups are building SaaS compan

See More
1 replies10 likes
2

VCGuy

StealthĀ ā€¢Ā 3m

Google's $23 B offer for Wiz may reignite interest in deals and exits for cybersecurity start-ups. Wiz's $23 B offer from Google is ~2x the valuation of their Series E and 46x their ARR. Series E in May 24 : $1 B raised at $12 B valuation ā©Invest

See More
0 replies8 likes
1
Image Description

Inactive

StealthĀ ā€¢Ā 4m

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 an

See More
1 replies5 likes
1
Anonymous
Image Description
Image Description

Claudeā€™s revenue: $150 million. ChatGPTā€™s revenue: $2.7 billion. For most people, "AI" essentially means ChatGPT. . . . Why is ChatGPT the AI that everyone knows? Simple: DISTRIBUTION. OpenAI hasnā€™t just made a great product, theyā€™ve made sure it

See More
4 replies7 likes
Image Description
Image Description

Mr Z

StealthĀ ā€¢Ā 3m

šŸšØ Zepto To Raise Over $340 Million at Massive $5 Billion Valuation Raised Around $1 Billion in The Last 60 Days Valuation Also Skyrocketed From $1.4 Billion in August 2023 To $5 Billion in August 2024

9 replies13 likes
1

Saksham Pandey

StealthĀ ā€¢Ā 6m

Sam Altman twitted I do have soft spot for gpt 2. A free gpt2 is released which is better than chatgpt. There are no official news from OpenAi that they released any new model.

0 replies5 likes
Image Description
Image Description

SamCtrlPlusAltMan

Ā ā€¢Ā 

OpenAIĀ ā€¢Ā 2m

OpenAI's Massive Funding Round OpenAI, the AI powerhouse, is making big moves: ā€¢ Raising $6.5B at a whopping $150B valuation šŸ“ˆ ā€¢ Nearly doubling previous $86B valuation ā€¢ Seeking $5B credit line from banks šŸ¦ Who's in? ā€¢ Thrive Capital leading ā€¢

See More
14 replies42 likes
6
Image Description
Image Description

Aryan patil

StealthĀ ā€¢Ā 8m

List of conversational Ai apps in my phone, which I use in daily in my life #1 Gemini from Google āœØ #2 perplexity ai šŸ” #3 pi ai from inflection Ai šŸ—£ļø #4 copilot from Microsoft šŸ“° #5 chatgpt from openai šŸ“ž #6 Claude from Anthropic šŸ“ + Bonus tool

See More
18 replies8 likes

VCGuy

StealthĀ ā€¢Ā 3m

A space that seems to have sparked investor interest is: Travel Luggage šŸ§³Lately, we've seen significant activity in this space - Feb 24: Mokobara raised $12 M from Peak XV Mar 24: Safari Industries raised $27 M from Lighthouse India Focused Fund Ma

See More
0 replies6 likes
1
Image Description
Image Description

Pranav Patil

Ā ā€¢Ā 

YouTubeĀ ā€¢Ā 7m

In my recent podcast w/ an engineer working in OpenAI. He has closely worked with security of ChatGPT, and Sora also. He shares his complete journey to there, upcoming updates and crazy stuff OpenAI is building. Also he shared why Dalle2 is being k

See More
9 replies6 likes

Download the medial app to read full posts, comements and news.