OpenAI, led by CEO Sam Altman, is experiencing a surge in its market value, currently estimated at around $500 billion, potentially positioning it as the most valuable privately held company globally. This valuation stems from ChatGPT’s immense popularity, with weekly active users surpassing 700 million and over 3 billion messages exchanged daily. OpenAI’s growth strategy includes a secondary stock sale for current and former employees, enabling them to cash out while retaining talent and rewarding early contributors. The company’s primary revenue sources are ChatGPT subscriptions and licensing its AI models, with an expected annual revenue of $20 billion by year-end. Additionally, OpenAI has released advanced reasoning models and initiated a $1-per-year deal with U.S. federal agencies to promote AI use in public sectors. As competition rises with other AI firms like Anthropic and xAI, OpenAI is poised to continue its leadership in the AI revolution.
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