OpenAI CEO Sam Altman revealed that the company’s annual revenue exceeds the widely cited $13 billion, indicating robust growth well beyond expectations. During the Bg2 podcast, Altman expressed confidence that OpenAI could achieve $100 billion in revenue by 2027, driven by significant investments in infrastructure totaling $1.4 trillion. These investments are bolstered by partnerships with major tech firms, including Nvidia, Broadcom, and Oracle, enhancing OpenAI’s position in AI cloud services. Despite its rapid revenue ascent, OpenAI is facing challenges with considerable losses, as indicated by Microsoft’s $4 billion charge reflecting about $12 billion in losses last quarter. However, Altman dismissed concerns, affirming that revenue is “growing steeply” and emphasizing the potential for immense value through advancements in AI models and consumer products. His ambitious revenue forecast positions OpenAI as a significant player in the rapidly evolving AI landscape.
Source link
Share
Read more