US EditionSam Altman says ‘enough’ to questions about OpenAI’s revenue
OpenAI's revenue exceeds $13 billion annually with steep growth and over $1 trillion committed for computing over the next decade, while IPO plans remain unconfirmed.
- Recently on the Bg2 podcast, OpenAI CEO Sam Altman said the company is doing well more than $13 billion in annual revenue and denied plans to go public next year.
- Dismissing dire predictions, Sam Altman, OpenAI CEO, pushed back at critics and short sellers and warned the company `might screw it up` without enough computing resources.
- $1 trillion in planned compute spending highlights OpenAI’s massive infrastructure investments, and Brad Gerstner noted a possible $100 billion revenue milestone in 2028 or 2029.
- Altman said revenue is growing steeply while sounding testy when pressed about funding and told Brad Gerstner he'd `find you a buyer` if he wanted to sell shares.
- Projecting long-term ambitions, Altman framed OpenAI as betting on ChatGPT, AI cloud growth, and a consumer device business, while he assumes an IPO will happen someday without a set timetable.
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TechCrunch
Sam Altman says ‘enough’ to questions about OpenAI’s revenue
OpenAI CEO Sam Altman recently said that the company is doing “well more” than $13 billion in annual revenue — and he sounded a little testy when pressed on how it will pay for its massive spending commitments.
He knows enough people who are interested in shares of OpenAI – Sam Altman counters the question of herbage losses.
OpenAI's Sam Altman Defends $1 Trillion+ Spending Commitments, Predicts Steep Revenue Growth, More Products
TechCrunch reports: OpenAI CEO Sam Altman recently said that the company is doing "well more" than $13 billion in annual revenue — and he sounded a little testy when pressed on how it will pay for its massive spending commitments. His comments came up during a joint interviewon the Bg2 podcast between Altman and Microsoft CEO Satya Nadella about the partnership between their companies. Host Brad Gerstner (who's also founder and CEO of Altimeter…
Sam Altman defends OpenAI's financial health amid spending scrutiny
OpenAI CEO Sam Altman confirmed that the company exceeds $13 billion in annual revenue, amidst concerns over its substantial expenditures. During a recent discussion, Altman expressed frustration with repeated inquiries about how OpenAI plans to fund its investments. This statement comes as the company continues to expand its capabilities and offerings in the AI space. The post Sam Altman defends OpenAI’s financial health amid spending scrutiny …
OpenAI Is Going Meta Route, As It Considers Memory-based Ads On ChatGPT - Cybernoz - Cybersecurity News
OpenAI is planning to introduce ads on ChatGPT, as it continues to struggle with revenue from paid users. OpenAI, valued at about $500 billion, plans to spend billions in the coming year, but it does not have a reliable revenue source. As per the Financial Times, ChatGPT has about 800 million users, but only 5% percent pay. Moreover, OpenAI’s 70% of $13 billion revenue comes from paying customers. GPT has three subscriptions. Go starts at $5 in…
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