Official announcements and market reports

OpenAI's Annualized Revenue Doubles to $3.4 Billion Since December

Jun 12, 2024, 08:41 PM

OpenAI's annualized revenue has more than doubled to $3.4 billion since late 2023, according to CEO Sam Altman. The revenue was $1.6 billion in late 2023 and about $1 billion last summer. This significant growth is largely attributed to direct sales from ChatGPT and other OpenAI products, rather than from partnerships with companies like Microsoft. The Information reports that this surge in revenue, since December, indicates an accelerating growth in OpenAI's business.