OpenAI, Creator of ChatGPT, Aims for $1 Billion in Revenue by 2024


In recent weeks, ChatGPT, the artificial intelligence capable of generating text with a style very close to human writing, has not ceased to impress its users. The success of this AI is such that it strongly fuels the ambitions of OpenAI, the organization behind this conversational agent.

Founded as a non-profit association in 2015 by Elon Musk and Sam Altman, OpenAI expects to reach $200 million in revenue in 2023, then $1 billion by 2024, according to three sources familiar with the matter. by Reuters. Currently, the company’s valuation is said to be around $20 billion.

For compensation, OpenAI charges developers to license its technology for around $0.01 or a little more to generate 20,000 words of text, and around $0.02 to create an image from a written invitation. Despite its burgeoning success, the company, which began shipping products in 2020, merely states that its mission remains to advance AI safely for humanity. To date, ChatGPT responds to queries from over a million users.

ChatGPT even shakes Google

Earlier this year, some OpenAI investors made no secret of their skepticism about the company’s advances. But the brilliance achieved by the conversational agent at the end of the year could well change the situation. And for good reason, the language model used by artificial intelligence, GPT-3, constitutes a real technological revolution and opens the way to an infinite field of possibilities, according to experts in the sector.

The success of the ChatGPT AI has even caused some cold sweats within Google, which prefers not to make its competing AI available to the general public, arguing “reputation risk”. In short, Google would have too much to lose by launching a product capable of answering all the questions in the world, but whose reliability is not proven. This is perhaps the most beautiful recognition for OpenAI from this global technological juggernaut. Under these conditions, the organization initiated by Elon Musk will be able to approach the year 2023 with confidence at its zenith.



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