OpenAI's CFO, Sarah Friar, announced the company's goal to achieve $11 billion in revenue by 2025, contingent on their current trajectory that saw a rise to $1 billion in 2023. Notably, OpenAI's weekly active users have surged by 33% to 400 million since December, highlighting strong market engagement. Despite facing competition, Friar insisted the AI industry remains innovative rather than commoditized. OpenAI is negotiating a $40 billion investment with SoftBank, reflecting investor confidence in the company’s potential for exponential growth over the next five years.
OpenAI's CFO, Sarah Friar, stated that hitting $11 billion in revenue for 2025 is 'definitely in the realm of possibility', citing strong user growth.
Despite competition, Sarah Friar emphasized that the AI industry is 'far from being a commodity', highlighting continual innovation and product releases.
OpenAI's weekly active users have surged 33% since December, reaching 400 million, illustrating significant user growth amid increasing competition.
Investors are not just looking at current growth but are also evaluating what OpenAI could become in the next five years as they seek substantial valuations.
Collection
[
|
...
]