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Oct 15, 2023

OpenAI targets $1.3 billion in annual revenue

Posted by in category: robotics/AI

OpenAI CEO Sam Altman has announced internally that the company is targeting $1.3 billion in annual revenue, according to The Information.

That’s 30 percent more than the $1 billion in annual revenue leaked over the summer, which was already said to have exceeded investor expectations. The new figure suggests more than $100 million in monthly revenue.

The biggest revenue driver is subscriptions to ChatGPT Plus. Last year, without the ChatGPT Plus offering, OpenAI had revenue of only $28 million, with a loss of $540 million, according to The Information.

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