OpenAI Ad Business Hits $1 Billion Annualized Revenue Run Rate
CNBC reports the milestone as the company prepares for a planned IPO.
OpenAI announced Monday that its advertising business reached $1 billion in annualized revenue run rate. The company called the result proof of a diversified model while facing pressure ahead of an expected IPO. OpenAI began placing ads in ChatGPT earlier this year. That move drew public criticism from rival Anthropic, which aired a Super Bowl commercial mocking the choice. CNBC posted the update with links to its coverage of the announcement.
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OpenAI Ad Business Hits $1 Billion Annualized Revenue Run Rate
CNBC reports the milestone as the company prepares for a planned IPO.
OpenAI announced Monday that its advertising business reached $1 billion in annualized revenue run rate. The company called the result proof of a diversified model while facing pressure ahead of an expected IPO. OpenAI began placing ads in ChatGPT earlier this year. That move drew public criticism from rival Anthropic, which aired a Super Bowl commercial mocking the choice. CNBC posted the update with links to its coverage of the announcement.