The Information, a well-known technology media, reported that due to the strong growth of OpenAI’s ChatGPT and other products, its annual revenue will exceed US$1.6 billion.
This is mainly due to the release of a series of blockbuster products by OpenAI in 2023, including GPT-4, ChatGPT Enterprise Edition, GPT-4 Turbo, DALL·E 3, Apple/Android applications, custom GPTs, Assistants API, etc., and continues to The local enhancement function accelerates the scenario-based implementation and influence of ChatGPT.
The Information pointed out that users did not seem to care at all about OpenAI’s “removal of CEO incident” that occurred in November last year. It doesn’t matter who is in charge, as long as they can provide good products.
Currently, OpenAI is valued at more than $100 billion and is negotiating a new round of financing.
As early as August 2023, The Information released information on OpenAI’s annual revenue, which was $1 billion at the time;
In October, revenue was raised again to $1.3 billion. The logic behind the continuous growth in annual revenue is that ChatGPT’s user base and influence continue to expand.
At present, more than 80% of Fortune 500 companies such as Accenture, McKinsey, Mayo Clinic, PwC, Bloomberg, Estee Lauder, Block, Canva, Zapier, etc. are based on OpenAI's GPT series models through fine-tuning and pre-training. Apply ChatGPT in actual business.
According to survey data, in the past year, the 50 most popular foreign generative AI tools generated a total of approximately 24 billion visits.
ChatGPT has received 14.6 billion views, accounting for 60% of the traffic, surpassing competing products such as claude.ai, Bard, and Midjourney , and becoming the most widely used tool in the field of generative AI.
The total number of ChatGPT users peaked at 190 million in May 2023, and then began to decline, reaching 170 million in June and 150 million in July.
The main reason is that OpenAI opened its API and released a number of products for enterprises, and began to shift its focus to the To B field and seek a secondary growth route.
Then in November, OpenAI held its first developer conference and released a series of blockbuster products. In particular, custom GPTs allow those who cannot program to quickly build their own ChatGPT assistant through visual clicks.
This has allowed OpenAI to usher in a large wave of user growth, and even caused the global server to be paralyzed for 3 hours . Its popularity is evident.
Not long ago, OpenAI co-founder and CEO Sam Altman announced OpenAI’s 2024 product roadmap, including GPT-5, better voice models, higher rate limits, video models, etc., which will once again drive OpenAI’s annual revenue.
A few days ago, The Information reported that Anthropic, OpenAI’s largest competitor, had annual revenue of at least US$850 million.
Anthropic received US$6.85 billion in financing in 2023 alone, becoming one of the highest-financing companies in the global generative AI field . This can also fully demonstrate the capital market’s recognition of the field of generative AI and its huge market size.
In addition, it is not easy for one or two companies to expand a market. As users deeply apply generative AI products such as ChatGPT, technology giants have seen new opportunities.
Microsoft, NVIDIA, Google, Meta, IBM, Salesforce, Amazon, SAP, etc. have all begun to actively invest in the construction of enterprise-level generative AI application ecosystem.
At the same time, the world's top consulting service institutions, including McKinsey, Accenture, PwC, Deloitte, Ernst & Young, and KPMG, have also invested a lot of money and set up specialized departments to provide enterprises with generative AI application services such as ChatGPT.
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