Comment by infinitezest
8 hours ago
1. According to who? Open AI? 2. Its current state is "basically free and containing no ads". I don't think this will remain true given that, as far as I know, the product is very much not making money.
8 hours ago
1. According to who? Open AI? 2. Its current state is "basically free and containing no ads". I don't think this will remain true given that, as far as I know, the product is very much not making money.
Yes, that number is according to OpenAI. They released that 800m number at DevDay last week.
The most recent leaked annualized revenue rate was $12bn/year. They're spending a lot more than that but convincing customers to hand over $12bn is still a very strong indicator of demand. https://www.theinformation.com/articles/openai-hits-12-billi...
Part of that comes from Microsoft API deals. Part of that will most certainly come because the vast network of companies buy subscriptions to help "Open" "AI" [1].
Given the rest of circular deals, I'd also scrutinize if it applies to the revenue. The entanglement with the Microsoft investments and the fact that "Open" "AI" is a private company makes that difficult to research.
[1] In a U.S. startup, I went through three CEOs and three HR apps, which mysteriously had to change for no reason but to accommodate the new CEO's friends and their startups.