According to a financial report recently released by OpenAI, chatbot developer ChatGPT earned $1.6 billion in 2023, marking a growth of more than 20% compared to October 2023.
With record high revenue, OpenAI is expected to be on par with Elon Musk's SpaceX. |
Since launching ChatGPT in February 2023, OpenAI has maintained steady revenue growth as user signups have increased. Latest data shows the company has achieved monthly revenue of $130 million.
OpenAI's revenue in 2022 was only $28 million, but in 2023, the company's revenue growth reached 5,700%.
OpenAI's meteoric growth is likely to attract investor interest as the company looks to launch a new round of funding at a target valuation of $100 billion or more, according to Bloomberg .
However, information about OpenAI’s potential new partners remains a mystery. At the same time, the company has not disclosed exactly how much it spends on maintaining ChatGPT.
According to data from market research firm CB Insights, if the new funding round goes as planned, OpenAI will become the second most valuable startup in the US, behind only SpaceX - the business of billionaire Elon Musk.
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