That may mean that many doctors and lawyers use ChatGPT.
OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024
Submitted 4 weeks ago by MCasq_qsaCJ_234@lemmy.zip to technology@lemmy.world
Comments
Loduz_247@lemmy.world 4 weeks ago
IsaamoonKHGDT_6143@lemmy.zip 4 weeks ago
They’re giving OpenAI more leverage to have a strong IPO in the future.
baggachipz@sh.itjust.works 4 weeks ago
And now the expenses…?
🦗🦗🦗
humanspiral@lemmy.ca 4 weeks ago
$5B loss last year.
EON_GuG@lemm.ee 4 weeks ago
Can someone tell me if this is bad, good or normal?
MrJgyFly@lemmy.world 4 weeks ago
They love pointing out their revenue instead of their profit. It they were truly making money, you’d think they’d refer to their profit instead.
anus@lemmy.world 4 weeks ago
Revenue is a standard unit of measurement for any venture backed business because it gauges interest and growth better than profit does
pinball_wizard@lemmy.zip 4 weeks ago
It’s…weird? Not normal.
Usually $10 billion worth of revenue has obvious products, services and outcomes it to point to.
That’s an unfathomable amount of money.
The first iPhone release completely transformed society within a few years…and earned about 1/10th that much revenue (6 million units at $700.00).
jrs100000@lemmy.world 4 weeks ago
Thats less than 50 million GPT plus subscriptions, even fewer if you factor in the more expensive subscriptions. Thats alot of subscriptions, but not an implausible number.
EON_GuG@lemm.ee 4 weeks ago
Do you think OpenAI could be falsifying data, laundering money, or is it just that investors are hyped about AI?
chonglibloodsport@lemmy.world 4 weeks ago
6 million units at $700 a pop is $4.2 billion in revenue. Much closer to 1/2 of $10 billion than you 1/10.
Apple has never made more money from the App Store than from iPhone hardware sales. When the iPhone launched the App Store didn’t exist yet. Over time, Apple’s revenue from services (including the App Store) has grown dramatically to around $26 billion per quarter today, though that is still less than what they earn in iPhone sales (a bit over $50 billion per quarter in 2024).