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OpenAI on track to hit $2bn revenue milestone as growth rockets

February 13, 2024
Oodaloop
Contributed by: Drex DeFord
Summary
OpenAI's annual revenue surpassed $2bn due to ChatGPT success, making it one of the fastest-growing tech companies. Foresees doubling figure in 2025 as businesses adopt AI tools. Its ChatGPT and GPT-4 models used by 92% of Fortune 500 companies. Competitors like Google, Meta, and startups like Anthropic also commercializing AI products.
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