It is said that OpenAI’s revenue is rising drastically. According to a recent report, the ChatGPT maker’s annualized sales is $3.4 billion. Can OpenAI, really make a lot of money?
But what we do know is that, in the last six months, the corporation has doubled its annualized revenue, which is calculated by multiplying the income from the prior month by twelve, as the newspaper kindly stated in a story published on Wednesday in The Information.
According to reports, CEO Sam Altman informed colleagues that OpenAI’s annualized revenue was $3.4 billion. This amounts to more than $1 billion and $1.6 billion, respectively, at the close of the previous year.
The majority of this money came from ChatGPT’s subscription service, which charges users $20 or more per month for increased chat restrictions, and from developers who pay the company to utilize its extensive language models in their own applications and services.
Microsoft contributes roughly $200 million annually, with OpenAI receiving a portion of sales of the company’s extensive language models to clients utilizing Azure, Microsoft’s business-focused cloud computing platform.
Remarkably, an OpenAI representative claimed to The Information that the financials were “inaccurate,” although it did not specify which financial information it questioned. When Engadget asked OpenAI for a comment, the company did not answer right away.
Apple announced a collaboration with OpenAI earlier this week. In order to enable ChatGPT to respond to inquiries from Siri, the business intends to integrate ChatGPT directly into its operating systems for iPhones, iPads, and Macs. But the deal’s exact financial details are still a mystery.
