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OpenAI's Valuation Reportedly Set To Hit At Least $80B; China-Based Competitor Announces $342M In Investments.

OpenAI's Revenue Skyrockets to $1.3 Billion Annualized Rate

This means the company is generating over $100 million per month—a 30% increase from just this past summer.

(https://www.maginative.com/article/openais-revenue-skyrockets-to-1-3-billion-annual-rate/)

OpenAI is on pace for $1.3 billion in 2023 revenue, up 4543% from last year.

The company had previously estimated $200 million in revenue for the current year. OpenAI's monthly revenue has surged to over $80 million, a significant increase compared to the $28 million generated in the previous year.

https://www.reuters.com/technology/openai-track-generate-more-than-1-bln-revenue-over-12-months-information-2023-08-29/

OpenAI on track to generate more than $1 bln revenue over 12 months - The Information

OpenAI is on track to generate more than $1 billion in revenue over the next 12 months from the sale of artificial intelligence software and computing capacity that powers it, the Information reported on Tuesday.

Easy bet. Already at $1B arr per The Information.

OpenAI coming out the doors a-blazin' for B2B. Doesn't take many of these to quickly add another $100 million.

https://twitter.com/transitive_bs/status/1628118163874516992?s=20