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VCGuy

StealthĀ ā€¢Ā 5m

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)

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StealthĀ ā€¢Ā 4m

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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.

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