CEO Sam Altman reveals OpenAI revenue rising phenomenally
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OpenAI, the company behind the popular ChatGPT chatbot, has witnessed a massive uptick in its revenue growth. Company CEO Sam Altman has told his staff that the annualized rate of revenue has crossed $1.3 billion, as per a report. This implies that the company is generating $100 million every month, which is a jump of 30 percent since summer. Till recently, it clocked a steady revenue of $1 billion a year.As per a report by The Information, the growth in the revenue has majorly come from the volume of subscriptions to the premium versions of its conversational chatbot ChatGPT, which has seen a huge increase since the release of the paid version in February 2023. Interestingly, prior to the launch of ChatGPT, the company's annual revenue was around $28 million, but once ChatGPT, p...