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OpenAI hits $1B
OpenAI is on track for $1 billion of annual revenue as businesses adopt the technology behind ChatGPT
Welcome, AI enthusiasts.
Whatโs in this weekโs issue?
๐ง OpenAI Introduces ChatGPT Enterprise
๐ฅถ OpenAI Nears $1 Billion of Annual Sales as ChatGPT Takes Off
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Summary
Customer prompts and company data are not used for training OpenAI models
Unlimited access to GPT-4 (no usage caps)
32k token context windows for 4x longer inputs, files, or follow-ups
Shareable chat templates for your company to collaborate and build common workflows
OpenAI is on track for $1 billion of annual revenue as businesses adopt the technology behind ChatGPT, the generative AI bot that ignited a wave of artificial intelligence investment.
The rollout of ChatGPT Enterprise is a move forward in OpenAIโs plans to make money from its ubiquitous chatbot, which is enormously popular but very expensive to operate because robust AI models require lots of computing power. The San Francisco-based startup has already taken steps toward generating revenue from ChatGPT, such as by selling a premium subscription and offering companies paid access to its application programming interface, which developers can use to add the chatbot to other apps.
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