In a recent development, employees of AI firm OpenAI are reportedly mulling over the sale of nearly $6 billion worth of ...

OpenAI is set to sell $6 billion in employee shares at a $500 billion valuation, making it the world’s most valuable startup.

OpenAI is in talks to let current and former staff sell about $6 billion worth of shares. The group of buyers includes ...

OpenAI is exploring new ways to generate revenue and has not ruled out the possibility of introducing ads into ChatGPT. In an ...

OpenAI has hit $10 billion in annual recurring revenue, according to a company spokesperson. The milestone comes roughly two and a half years after the company launched its popular ChatGPT chatbot.

OpenAI (MSFT) has surged ahead in its revenue trajectory, achieving an annualized run rate of $10 billion, nearly doubling from $5.5 billion just six months earlier. This remarkable growth ...

The ChatGPT maker and peer Anthropic need over $300 bln in joint 2030 sales to support lofty $500 bln and $170 bln marks from ...

OpenAI’s rapid revenue growth could help it secure a higher valuation from investors in the coming year. In April, TechCrunch reported that the AI developer had completed a secondary share sale ...

The AI chatbot has been such a hit this year that OpenAI CEO Sam Altman reckons his company is on course to generate revenue of around $1.3 billion a year, he said in communication with staff last ...

The annual revenue of OpenAI now tops $1.6 billion, many thanks to ChatGPT. In 2022, OpenAI reported a modest revenue of $28 million, making the year-over-year increase an astounding 5,700%.

Looking forward, I will take the consensus expectation for revenue growth over the next 3 years until FY26, where revenue will grow in the low twenties region to $1.6B during this period of time.

And rapid growth hasn’t resolved a fundamental question of what OpenAI is supposed to be: Is it a cutting-edge A.I. lab created for the benefit of humanity, or an aspiring industry giant ...