OpenAI surpasses $1.6 bln in annual revenue
OpenAI, the company behind the popular chatbot ChatGPT, has surpassed $1.6 billion in annual revenue as of the end of 2023, according to a recent report by the American tech news platform, The Information.
The report adds that as of mid-October 2023, the AI company's revenue stood at $1.3 billion. As such, there was about about 20% revenue growth in the last two months of 2023, with the company's flagship product, ChatGPT, expected to have played a pivotal role.
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