Student • 23d
OpenAI said on Monday that its annualised revenue run rate surged to $10 billion as of June, positioning the company to hit its full-year target amid booming AI adoption. Its projected annual revenue figure, based on current revenue data, which was about $5.5 billion in December 2024, has demonstrated strong growth as the adoption and use of its popular ChatGPT artificial-intelligence models continue to rise.
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Zepto, a leading player in the quick commerce space, has significantly reduced its cash burn and is approaching a $4 billion annualised gross order value (GOV), according to cofounder and CEO Aadit Palicha. “We’re getting close to $4 billion in annu
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Chinese automaker BYD reported record revenue of 777.1 billion yuan ($107.2 billion) for 2024, surpassing Tesla’s $97.7 billion, according to a stock filing on Monday. This marks a 29% increase from the previous year, exceeding Bloomberg’s forecast o
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Pine Labs is all time high 📈 • Baron Funds increased its valuation of Pine Labs to $5.8 billion, while Invesco marked the firm's value up to $4.8 billion as of December 2023. • Previously, Baron Funds had valued Pine Labs at $5.3 billion in Septem
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