Despite the ouster of CEO Sam Altman at the top of last yr, OpenAI's sales are reported to proceed to extend. If this trend continues, it is predicted that the present annual level of $2 billion (roughly 2.67 trillion won) might be exceeded, and even $4 billion (roughly 5.33 trillion won) might be possible by 2025.
The Financial Times (FT) reported on the eighth (local time) that OpenAI's annual recurring revenue (ARR) exceeded $2 billion, establishing it as one among the fastest-growing technology corporations in history.
ARR is an indicator that shows how much profit an organization providing a subscription service will make over 12 months based on the monthly profit of the previous month. In other words, Open AI generated sales of greater than $167 million (about 223 billion won) in December last yr.
Prior to this, The Information reported that in mid-October, CEO Sam Altman told internal employees that annual sales exceeded $1.3 billion (roughly 1.7 trillion won), and in December they recorded $1.6 billion. In other words, $300 million in sales were added in November and December, a figure that’s somewhat consistent with this FT report.
Because of this, OpenAI has achieved '$1 billion in annual sales inside 10 years of multinational', something that only just a few Silicon Valley corporations similar to Google and Meta have achieved.
Two sources aware of OpenAI's funds predicted that sales of $4 billion could be possible by 2025, due to strong demand from corporations. CEO Sam Altman announced in November last yr that 92% of Fortune 500 corporations were using open AI technology. Currently, ChatGPT has 100 million weekly users.
OpenAI was launched as a non-profit AI research institute in 2015, but has grown right into a huge company since making a business division in 2020. Particularly, despite Altman's ouster in November of last yr, growth is accelerating.
Nevertheless, CEO Altman said that the corporate remains to be incurring losses as a consequence of the big costs incurred in constructing and operating a big language model (LLM) similar to 'GPT-4'. Expenditures proceed to extend as a consequence of the prices of constructing ‘GPT-5’ and securing copyrights.
For that reason, for the reason that end of last yr, the corporate has been moving in all directions to boost funds, including attracting investment and selling stocks, in addition to constructing a semiconductor network.
In relation to this, the Wall Street Journal (WSJ), citing sources, reported on the ninth that CEO Altman began attracting investments to secure $5 trillion to $7 trillion (roughly KRW 6,600 trillion to KRW 9,300 trillion).
That is an astronomical investment scale that’s difficult to search out on an identical scale. It’s because the combined market capitalization of Microsoft and Google, currently the world's most useful corporations, exceeds $6 trillion.
CEO Altman is thought to have held discussions with the United Arab Emirates (UAE) state-run company G42, in addition to Microsoft and Softbank, to construct a 'global semiconductor network'. He also visited Korea last month and spoke with Samsung Electronics and SK Group.
“The world needs more AI infrastructure than persons are currently planning to construct,” he said through “Open AI will help with this,” he said.
Reporter Lim Da-jun ydj@aitimes.com