Comment by nabla9

1 day ago

OpenAI hits $12 billion in annualized revenue, The Information reports https://www.reuters.com/business/openai-hits-12-billion-annu...

So about the same revenue as SpaceX.

  • SpaceX is unique.

    OpenAI is one of many.

    • SpaceX has a price advantage over their competitors, not a capability advantage.

      Putting things in orbit has been possible for ~70 years

      2 replies →

    • > OpenAI is one of many.

      Maybe to you as a tech person who is online a lot/reads message boards/etc.

      I don't think my mother in law/the average person knows Claude, Gemini, etc. but I surely overhear young kids/average people on trains talking about "ChatGPT" almost exclusively

Don't worry, they might be making a loss on each transaction but they'll make it up in volume..

  • They have invested how much money and still not producing enough volume?