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OpenAI’s Annualized Revenue Tops $1.6 Billion as Customers Shrug Off CEO Drama

Dec 30, 2023 - theinformation.com
OpenAI has reportedly reached over $1.6 billion in annualized revenue, a significant increase from $1.3 billion in mid-October. This growth is largely attributed to the strong performance of its ChatGPT product.

Despite a leadership crisis in November, the company managed to maintain its business momentum. The 20% growth over two months indicates that OpenAI successfully retained its enterprise customers, even as competitors attempted to capitalize on its internal issues.

Key takeaways:

  • OpenAI has recently exceeded $1.6 billion in annualized revenue, showing strong growth from its ChatGPT product.
  • This is a significant increase from $1.3 billion as of mid-October.
  • The 20% growth over two months suggests that the company has maintained its business momentum in selling artificial intelligence to enterprises.
  • This growth has been achieved despite a leadership crisis in November that could have given an opportunity for rivals to attract its customers.
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