Avatar photo

The Information

OpenAI’s Revenue Crossed $1.3 Billion Annualized Rate

CEO Shares Strong Growth With Staff

“Altman’s remark implies the company is generating more than $100 million per month, up 30% from this summer, when the Microsoft-backed startup generated revenue at a $1 billion-a-year pace.

The revenue pace, largely from subscriptions to its conversational chatbot, represents remarkable growth since the company launched a paid version of ChatGPT in February. For all of last year, the company’s revenue was just $28 million.”