OpenAI, backed by tech giant Microsoft, has reached a monumental revenue milestone, surpassing $2 billion in December 2023. The achievement, reported by Reuters and the Financial Times, comes at a time when users across The world are increasingly interested in artificial intelligence tools like ChatGPT.

OpenAI surpassed $2 billion in revenue for the first time in December 2023

OpenAI believes it can double this revenue figure by 2025, based on strong demand from enterprise customers looking to use AI technologies in their workflows.

The market enthusiasm for OpenAI is clear: investors value the startup at $80 billion.

Building on this momentum, CEO Sam Altman is actively negotiating with potential investors to secure funding for his new initiatives, Gizmochina writes.

We are talking about the construction of factories for the production of chips for AI-based devices. Presumably, this will require around $7 billion (according to Bloomberg, up to tens of billions).

Key participants in these funding talks include TSMC and Softbank, highlighting the global importance of OpenAI’s efforts.

Sheikh Tahnoun bin Zayed Al Nahyan, who plays an important strategic role in managing large investment funds in the UAE, is also known to be interested in the projects.

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Ekaterina Alipova

Source: RB

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