OpenAI hits $1B

OpenAI is on track for $1 billion of annual revenue as businesses adopt the technology behind ChatGPT

Welcome, AI enthusiasts.

Whatโ€™s in this weekโ€™s issue?

  • ๐Ÿง  OpenAI Introduces ChatGPT Enterprise

  • ๐Ÿฅถ OpenAI Nears $1 Billion of Annual Sales as ChatGPT Takes Off

  • ๐Ÿ˜€ AI News

  • ๐Ÿค– AI Tools

Generated by Midjourney AI

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

Generated by Midjourney AI

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 OpenAIโ€™s 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.

AI News

  • ๐Ÿซข The Air Force wants $6 billion to build a fleet of AI-controlled drones (link)

  • ๐Ÿ’ฅ Tesla's $300 Million AI Cluster Is Going Live (link)

  • ๐Ÿคจ Google Upgrades Apps With AI Capabilities, Widens Scope of Applications (link)

AI Tools

  • ๐Ÿ’ฆ Mango SEO: Generate AI SEO content 10x faster (link)

  • ๐Ÿง‘ Wonsulting AI: Your full suite of AI Job Search tools (link)

  • ๐Ÿค– ReplyMind: Your Social Growth Assistant (link)

  • ๐Ÿ˜Š Storly AI: Power of AI Storytelling (link)

  • ๐Ÿ™Š Clay Nexus: AI navigator for your entire network (link)

  • ๐Ÿ˜บ Noodl AI: AI-powered visual development (link)

  • ๐Ÿฅถ Guidde: AI platform that helps create video documentation (link)

  • ๐Ÿ˜Ž Prompt Pal: The industry's best AI prompts (link)

  • ๐Ÿ˜ˆ Consensus: Give ChatGPT access to 200 million research papers (link)