Believe me, it’s not... • 12m
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 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%) 📄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. ⏩Reference point: AI companies in the top 25% are currently valued at around 41x their earnings (HuggingFace, AtomicAI, Perplexity)
Passionate about Pos... • 5m
🚀 OpenAI’s valuation curve looks like a SpaceX launch From a non-profit in 2015 to a $157B AI powerhouse in 2024, Eric Flaningam's chart perfectly captures the wild trajectory. Some key moments: ▪️ 2015: Founded as a non-profit with $1B in fundin
See MoreBelieve me, it’s not... • 1y
Building SaaS from India for the world - Rocketlane raises a $24 M Series B. ➡️Total Funding: $45 M (Seed at $3 M, Series A at $18 M) ⏫Lead investors: 8VC, Matrix Partners and Nexus VP. In recent years, many Indian startups are building SaaS compan
See MoreCS student | Tech En... • 1m
OpenAI’s Big ChatGPT Launch Coming Soon! OpenAI is planning to launch a brand new ChatGPT-powered product by 2026. According to info from a US vs. Google trial, this product will let ChatGPT help with lots of things in daily life—like answering your
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