Microsoft-backed OpenAI said to surpass $1B revenue run rate
Leon Neal

OpenAI, the artificial intelligence company backed by billions of dollars from Microsoft (NASDAQ:MSFT), has reportedly surpassed a $1B revenue run rate.
The Sam Altman-led company is ahead of internal revenue projections that it disseminated with shareholders previously and suggests it is on track to surpass $80M in monthly revenue, The Information reported, citing a person with direct knowledge of the situation.

For comparison, the company was generating roughly $28M in monthly revenue prior to charging for its ChatGPT chatbot. The news outlet added that it has between 1M and 2M subscribers paying $20 per month for ChatGPT, citing a person with knowledge of the situation.
Earlier this week, OpenAI introduced a version of ChatGPT geared towards large businesses, known as ChatGPT Enterprise. ChatGPT Enterprise offers users "enterprise-grade security and privacy" and unlimited access to the most powerful version of the AI chatbot to date, GPT-4.
In March, OpenAI said that GPT-4 was able to score better on the SAT exam than 90% of test takers.


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