- It took OpenAI a year to earn its first billion; now he earns double every month
- It has 900 million weekly ChatGPT users, 50 million subscribers, and 2 million weekly Codex users.
- Enterprises account for about 40% of OpenAI’s revenue as it continues to expand data center infrastructure.
OpenAI may not (yet) be a publicly traded company, but the creator of ChatGPT has given us one of our biggest revenue insights to date, claiming that it generates around $2 billion in revenue each month.
The growth is largely due to enterprise adoption and API usage, but regular subscriptions to ChatGPT also influence the monthly figure.
The confirmation comes amid plans to “accelerate the next phase of AI”: the company just closed its most recent $122 billion funding round to help build infrastructure, backed by Amazon, Nvidia, SoftBank, Microsoft and others.
Article continues below.
OpenAI shares a look at its finances
In addition to banking channels, OpenAI also welcomes more than $3 billion in personal cash investments from unidentified individuals.
Looking at the company as it stands, there are over 900 million weekly active ChatGPT users, 50 million of which are paying subscribers. “ChatGPT has 6x more monthly web visits and mobile sessions than the next largest AI app, while total time spent on AI is 4x more than the next largest AI app and 4x all others combined,” the company boasted.
Within six weeks of launching its ad pilot, OpenAI generated more than $100 million in annual recurring revenue, but it’s enterprise customers that generate the company’s most lucrative money, accounting for two-fifths of total revenue.
“Our APIs now process over 15 billion tokens per minute. Codex now serves over 2 million weekly users, five times more in the last three months,” the company added.
Looking back, it took a full year from the launch of ChatGPT for OpenAI to achieve its first billion in revenue, a figure it was making quarterly, not annually, a year later.
Looking ahead, OpenAI’s next stages are to continue working on an ‘AI super app’ to combine ChatGPT, Codex, navigation and other AI agents.
Although OpenAI has not officially announced an IPO date or filing, the past year has been filled with rumors about the company going public. However, while revenue is increasing, profitability is not as clear and the company may have to wait to generate higher margins before expanding into the public eye.
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