Sources: OpenAI recently topped $1.6B in annualized revenue, up from $1.3B in mid-October; some OpenAI leaders believe OpenAI can reach a $5B ARR by 2024's end
It's effectively an imaginary number. It isn't the revenue made this year. … X: Ant Stanley / @iamstan : Annualized Revenue is a VC metric and different from Annual revenue. It is the latest month's revenue multiplied by 12, not how much money they've made in the last 12 months. Cecilia Ziniti / @ceciliazin : Meanwhile, OpenAI revenue up 20% in a month, to $1.6B ARR. Great to see the Altman affair didn't phase enterprise customers. Great reporting by @theinformation. https://www.theinformation.com/ ... Eghosa Omoigui / @eghosao : So roughly an average of 7m subs paying $20/mo. $0-5b in 3 years is astonishing. Great progress but still hasn't quite blown the doors out as a paid consumer product. $1.6b in annualized revs is the gross number but we never hear what each dollar of revenue actually costs #OpenAI Bruce J Moschella / @brucejmoschella : https://www.theinformation.com/ ... The 20% growth over two months. @OpenAI Stephanie Palazzolo / @steph_palazzolo : You know we couldn't end 2023 without one last OpenAI scoop! OpenAI has passed $1.6Bn in annualized revenue, & some leaders at the company think it could reach $5Bn by the end of 2024. What CEO drama? W/ @heetermaria @amir: https://www.theinformation.com/ ... Amir Efrati / @amir : News: OpenAI leaders have some ~bold~ revenue projections for 2024. Generative AI and @ChatGPTapp might be a ~thing~ 😎. Story here https://www.theinformation.com/ ... w/ @steph_palazzolo @heetermaria [image]