OpenAI makes a big profit | Altman reveals that the company’s revenue has doubled to 26.5 billion

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go through Hong Kong Economic Times June 14, 2024

originalPublished in Hong Kong Economic Times Financial NewsEJ Tech Innovation Lab“

Although OpenAI faces fierce competition, it has not hindered its rapid development.RevelationsOpenAI CEO Sam Altman told employees that the company’s annual revenue doubled to US$3.4 billion (approximately HK$26.52 billion), a significant increase from US$1.6 billion at the end of last year, with most of the revenue coming from ChatGPT subscriptions. An OpenAI spokesperson refuted that the financial data mentioned in the report was “inaccurate”, but did not explain which details were controversial.

Partner with Apple to increase exposure

Apple Inc. announced that it would integrate ChatGPT into its iPhone, iPad and Mac products this fall, but did not disclose the terms of the deal. BloombergPoint outThis cooperation is a mutually beneficial arrangement. Both parties care more about exposure rather than pure monetary transactions. Apple aims to cooperate with AI technology companies and earn revenue from user subscription services through revenue sharing agreements. Apple is reportedly in talks with Google and Anthropic, and does not rule out the possibility that iOS users will be able to use other AI chatbots later.