OpenAI CEO Sam Altman recently revealed that the company earns significantly more than the reported $13 billion in annual revenue. During a Bg2 podcast interview with Microsoft CEO Satya Nadella, Altman addressed concerns about OpenAI’s reported $1 trillion in spending commitments for computing infrastructure over the next decade. He expressed frustration at skepticism surrounding the company’s financial health, emphasizing that although there are risks, revenues are “growing steeply.” Altman remains optimistic about OpenAI becoming a leading AI cloud service and expanding its consumer device offerings. Nadella noted that OpenAI has consistently surpassed its business expectations. While there was speculation about OpenAI reaching $100 billion in revenue by 2028, Altman clarified that no immediate plans for an IPO exist, maintaining a realistic approach towards future public offerings. Altman’s confidence reflects a commitment to innovation in AI, fueled by increasing demand and strategic growth initiatives.
Source link
Share
Read more