The Information: OpenAI generates annual revenue of $1.6 billion

OpenAI is said to have generated $1.6 billion in revenue this year. The Information writes this based on some anonymous sources. The American research institute could have a monthly turnover of approximately 130 million.

According to The Information OpenAI had already generated $1.3 billion in revenue in October this year. That amount would now have risen further to approximately $1.6 billion. For comparison, in 2022 the company would have revenues of approximately $28 million have generated. Bloomberg news agency wrote this month that OpenAI is currently doing a new round of fundraising. The company would like to do this at a valuation of $100 billion.

OpenAI is an American research institute specialized in artificial intelligence and language models. It was founded in 2015 by Sam Altman, Elon Musk, Greg Brockman and several other tech entrepreneurs. OpenAI was initially a non-profit organization with the aim of conducting fundamental research in artificial intelligence, without the need for a commercial purpose. That changed in 2019 in. Then OpenAI became a for-profit company. In 2019, Microsoft invested $1 billion in the AI ​​company, followed by a second investment of $10 billion in 2023. OpenAI is known as the company behind the AI ​​chatbot ChatGPT, AI image generator Dall-E and speech recognition software Whisper.