How OpenAI makes money: What's ChatGPT business revenue

TECH

OpenAI is projected to generate over $1 billion in revenue in the next 12 months.

The revenue is primarily going to come from AI software and computing capacity sales.

The initial projection for 2023 was $200 million, showcasing the company's rapid growth.

OpenAI's monthly revenue has surged to over $80 million, a substantial increase from $28 million in 2022.

ChatGPT, the company's primary product, contributes to revenue by offering prose or poetry on command.

OpenAI monetizes its AI models by selling API access to developers and enterprises directly.

The partnership with Microsoft, which invested over $10 billion in Jan 2023, further adds to its revenue.

The company's success reflects the increasing importance of generative AI in the tech industry.

OpenAI's business model demonstrates a significant evolution, positioning it as a major player in the AI market.

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