{"id":218448,"date":"2024-04-11T13:39:47","date_gmt":"2024-04-11T13:39:47","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=218448"},"modified":"2024-04-11T13:39:47","modified_gmt":"2024-04-11T13:39:47","slug":"how-does-openai-make-money-revenue-streams-beyond-chatgpt","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/how-does-openai-make-money","title":{"rendered":"How Does OpenAI Make Money? Revenue Streams Beyond ChatGPT"},"content":{"rendered":"
OpenAI<\/a> has been making waves in the field of artificial intelligence<\/a> (AI), particularly since it launched ChatGPT<\/a> in November 2022, which became the fastest-growing app in history<\/a>.<\/p>\n It has also already attracted its share of controversy \u2013 with the November 2023 ouster of co-founder and CEO Sam Altman<\/a> before he was quickly returned to leadership, as well as a number of lawsuits filed against the company.<\/p>\n How much is OpenAI worth? The company is estimated to generate more than $1 billion in annual revenue \u2013 far ahead of previous estimates that it would reach $200 million. Calculations by The Information<\/a> in 2023 suggested that the company was generating more than $80 million each month following the launch of ChatGPT, compared to just $28 million in 2022. Data from CB Insights showed that OpenAI\u2019s revenue in 2023 accounted for $2 billion<\/a>.<\/p>\n As the company continues to evolve and predictions<\/a> for the impact of generative AI<\/a> on the way we live and work become more significant, the company\u2019s financial strategies and revenue sources are increasingly under the spotlight.<\/p>\n All that raises the question: how much money does OpenAI make?<\/p>\n In this article, we look at OpenAI\u2019s business model, revenue streams, and future growth plans.<\/p>\nKey Takeaways<\/span><\/h2>\n
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