OpenAI Reveals 75% Of Its Revenue Comes From One Service
Portfolio Pulse from Ananya Gairola
OpenAI's CFO Sarah Friar revealed that 75% of the company's revenue comes from consumer subscriptions to ChatGPT. The company plans to double the price of ChatGPT over the next five years. OpenAI has reached 1 million paid users for its corporate ChatGPT versions and recently closed a $6.6 billion fundraising round.
October 29, 2024 | 8:59 am
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Microsoft, a backer of OpenAI, may benefit from OpenAI's strong revenue growth driven by ChatGPT subscriptions. OpenAI's plans to double ChatGPT prices could further enhance revenue, indirectly benefiting Microsoft.
Microsoft is a significant backer of OpenAI, and OpenAI's strong revenue growth from ChatGPT subscriptions could positively impact Microsoft's investment. The plan to double ChatGPT prices suggests potential for increased future revenues, which may benefit Microsoft indirectly.
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