OpenAI on track to generate more than $1 billion revenue over 12 months – The Information

OpenAI is on track to generate more than $1 billion in revenue over the next 12 months from the sale of artificial intelligence software and computing capacity that powers it, the Information reported on Tuesday.Earlier, the ChatGPT maker projected $200 million in revenue for this year.The Microsof

The Microsoft-backed company is generating more than $80 million in revenue per month, compared to just $28 million in the entire last year, the report added. Besides ChatGPT, it makes money by selling API access to its AI models for developers and enterprises directly and through a partnership with Microsoft, which invested over $10 billion into the company in January.

Via: channelnewsasia.com