Exclusive: ChatGPT is the talk of Silicon Valley. OpenAI, the research organization behind the new chatbot, expects to make $200 million in revenue next year and $1 billion by 2024
The research organization, co-founded by Elon Musk and investor Sam Altman and backed by $1 billion in funding from Microsoft CorpThree sources briefed on OpenAI's recent pitch to investors said the organization expects $200 million in revenue next year and $1 billion by 2024.
A spokesperson for OpenAI declined to comment on its financials and strategy. The company, which started releasing commercial products in 2020, has said its mission remains advancing AI safely for humanity. "We're going to see advances in 2023 that people two years ago would have expected in 2033. It's going to be extremely important not just for Microsoft's future, but for everyone's future," he said in an interview this week.
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