Last Updated: August 30, 2023, 12:58 IST
New York, United States of America (USA)
The Microsoft-backed firm is producing greater than $80 million in income per 30 days
OpenAI is on observe to generate greater than $1 billion in income over the subsequent 12 months.
OpenAI is on observe to generate greater than $1 billion in income over the subsequent 12 months from the sale of synthetic intelligence software program and computing capability that powers it, the Information reported on Tuesday.
Earlier, the ChatGPT maker projected $200 million in income for this 12 months.
The Microsoft-backed firm is producing greater than $80 million in income per 30 days, in comparison with simply $28 million in the complete final 12 months, the report added.
OpenAI didn’t instantly reply to a Reuters request for remark.
Besides ChatGPT, it makes cash by promoting API entry to its AI fashions for builders and enterprises immediately and thru a partnership with Microsoft, which invested over $10 billion into the corporate in January.
ChatGPT, recognized for producing prose or poetry on command, has gained widespread consideration in Silicon Valley as traders see generative AI as the subsequent huge progress space for tech corporations.
(This story has been edited by News18 workers and is revealed from a syndicated news company feed – Reuters)
Source web site: www.news18.com
