OpenAI’s annual recurring revenue has almost doubled to $10bn, on the back of surging demand for its artificial intelligence tool ChatGPT.
The company said the measure of expected revenue from subscriptions had soared from the $5.5bn it hit at the end of last year.
OpenAI has grown at a breakneck pace since rolling out ChatGPT in late 2022. The chatbot was the fastest consumer app to reach 100mn weekly active users and now claims more than 500mn.
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