OpenAI says it not too long ago hit $10 billion in annual recurring income, up from round $5.5 billion final 12 months.
That determine contains income from the corporate’s shopper merchandise, ChatGPT enterprise merchandise, and its API, an OpenAI spokesperson instructed CNBC. At the moment, OpenAI is serving greater than 500 million weekly lively customers and three million paying enterprise prospects.
The income milestone comes roughly two and a half years after OpenAI launched its fashionable chatbot platform, ChatGPT. The corporate is focusing on $125 billion in income by 2029.
OpenAI is underneath some stress to extend income shortly. The corporate burns billions of dollars annually hiring and recruiting expertise to work on its AI merchandise, and securing the required infrastructure to coach and run AI programs. OpenAI has not disclosed its working bills or whether or not it’s near profitability.