OpenAI has five years to turn $13 billion into $1 trillion | TechCrunch

OpenAI has five years to turn $13 billion into $1 trillion | TechCrunch

OpenAI is printing money right now. The company is pulling in roughly $13 billion in annual revenue, with 70% coming from everyday people paying $20 a month to chat with an AI, according to the Financial Times. That’s pretty wild when you consider ChatGPT has 800 million regular users, but only 5% are actually paying…

OpenAI is printing money right now. The company is pulling in roughly $13 billion in annual revenue, with 70% coming from everyday people paying $20 a month to chat with an AI, according to the Financial Times. That’s pretty wild when you consider ChatGPT has 800 million regular users, but only 5% are actually paying subscribers.

Raking in billions though it may be, OpenAI has also committed to spending over $1 trillion over the next decade (yes, trillion). The company has recently locked in deals for more than 26 gigawatts of computing capacity from Oracle, Nvidia, AMD, and Broadcom — infrastructure that’ll cost vastly more than what’s coming in.

To bridge this gap, OpenAI is getting creative, reports the FT. A five-year plan includes exploring government contracts, shopping tools, video services, consumer hardware, and even becoming a computing supplier itself through its Stargate data center project.

A growing number of businesses need the math to work out. Some of America’s most valuable companies are now leaning on OpenAI to fulfill major contracts, notes the FT; if OpenAI falters (no pressure!), it could potentially destabilize the broader U.S. market.

Similar Posts

  • Former Windows 8 boss recruited Epstein to help negotiate his messy Microsoft exit

    Posted on

    Emails between former Windows boss Steven Sinofsky and Jeffrey Epstein, published by the Justice Department on Friday, appear to show that Sinofsky constantly sought Epstein’s advice as he negotiated his surprise exit from Microsoft in November 2012, forwarding emails to him in nearly real time as talks progressed. Sinofsky also appears to have paid Epstein…

  • One in three using AI for emotional support and conversation, UK says

    Posted on

    Chris VallanceSenior technology reporter Getty Images One in three adults in the UK are using artificial intelligence (AI) for emotional support or social interaction, according to research published by a government body. And one in 25 people turned to the tech for support or conversation every day, the AI Security Institute (AISI) said in its…

  • Aluminium: Why Googles Android for PC launch may be messy and controversial

    Posted on

    “Finally.” That was my first reaction when I heard Google would combine Android and ChromeOS into a single operating system. Android has long struggled on tablets, and ChromeOS always felt like too much of a stripped-down alternative to tempt me away from Windows and Mac. So last week, it was exciting to see a leaked…

  • Amazons live-action God of War adaptation adds Teresa Palmer

    Posted on

    Amazon is reportedly adding Teresa Palmer (The Fall Guy, Warm Bodies, Hacksaw Ridge) to its pantheon of Norse gods for its God of War TV show adaptation. As first reported by Deadline, Palmer will play Sif, Thor’s wife and eventual leader of the Aesir, in the live-action adaptation. It may not carry as much weight…

  • Engadget review recap: Dell 16 Premium, Nikon ZR, Ooni Volt 2 and more

    Posted on

    We’ve slept off our collective turkey coma and returned to the review lab here at Engadget. Our team may also be in full CES prep mode, but we’ve got a few more devices to get off or our desks before 2025 is over. Catch up on all of the reviews you might have missed over…

  • Here’s how to outsmart fake news in your Facebook feed | CNN Business

    Posted on

    >1,w=-7,i=t?h-1:0,l=t?-1:1,u=a[o+i];for(i+=l,e=u&(1<<-w)-1,u>>=-w,w+=M;w>0;e=256*e+a[o+i],i+=l,w-=8);for(f=e&(1<<-w)-1,e>>=-w,w+=r;w>0;f=256*f+a[o+i],i+=l,w-=8);if(0===e)e=1-p;else{if(e===s)return f?NaN:1/0*(u?-1:1);f+=Math.pow(2,r),e-=p}return(u?-1:1)*f*Math.pow(2,e-r)},o.write=function(a,o,t,r,h,e){var f,M,s,p=8*e-h-1,w=(1< >1,l=23===h?5960464477539062e-23:0,u=r?0:e-1,N=r?1:-1,n=o<0||0===o&&1/o<0?1:0;for(isNaN(o=Math.abs(o))||o===1/0?(M=isNaN(o)?1:0,f=w):(f=Math.floor(Math.log(o)/Math.LN2),o*(s=Math.pow(2,-f))<1&&(f–,s*=2),f+i>=1?o+=l/s:o+=l*Math.pow(2,1-i),o*s>=2&&(f++,s/=2),f+i>=w?(M=0,f=w):f+i>=1?(M=(o*s-1)*Math.pow(2,h),f+=i):(M=o*Math.pow(2,i-1)*Math.pow(2,h),f=0));h>=8;a[t+u]=255&M,u+=N,M/=256,h-=8);for(f=f<0;a[t+u]=255&f,u+=N,f/=256,p-=8);a[t+u-N]|=128*n}}}]); /* window.modules[“1779”] */ (self.modules=self.modules||[]).push([[“1779”],{1779:(e,s,t)=>{var o=t(“2229”)(Object.getPrototypeOf,Object);e.exports=o}}]); /* window.modules[“1780”] */ (self.modules=self.modules||[]).push([[“1780”],{1780:(r,t,e)=>{var o=e(“2149”),i=e(“1727”),n=e(“401”),u=e(“1837”),f=1/0,s=o?o.prototype:void 0,l=s?s.toString:void 0;r.exports=function r(t){if(“string”==typeof t)return t;if(n(t))return i(t,r)+””;if(u(t))return l?l.call(t):””;var e=t+””;return”0″==e&&1/t==-f?”-0″:e}}}]); /* window.modules[“1781”] */ (self.modules=self.modules||[]).push([[“1781”],{1781:(e,s,l)=>{var o=l(“1599”);e.exports=function(e,s,l){var r=e.length;return l=void 0===l?r:l,!s&&l>=r?e:o(e,s,l)}}}]); /* window.modules[“1783”] */ (self.modules=self.modules||[]).push([[“1783”],{1783:(e,s,u)=>{var l=u(“2251”),o=u(“2252”),r=u(“2253”);e.exports=function(e){return o(e)?r(e):l(e)}}}]); /* window.modules[“1784”] */ (self.modules=self.modules||[]).push([[“1784”],{1784:e=>{var s=/s/;e.exports=function(e){for(var r=e.length;r–&&s.test(e.charAt(r)););return r}}}]); /* window.modules[“1785”] */ (self.modules=self.modules||[]).push([[“1785”],{1785:(e,r,u)=>{var n=u(“1839”),s=u(“2254”),l=u(“2255”),o=RegExp(“[‘’]”,”g”);e.exports=function(e){return function(r){return n(l(s(r).replace(o,””)),e,””)}}}}]); /* window.modules[“1786”] */ (self.modules=self.modules||[]).push([[“1786”],{1786:(e,o,s)=>{var f=s(“2152”),i=s(“2256”),l=s(“2257”),n=s(“2258”),u=s(“403”),d=s(“1821”),v=s(“2259″);e.exports=function…