OpenAI’s annualized revenue rose more than 110% to $3.4 billion over the past six months, The Information reported Wednesday, citing an internal communication from CEO Sam Altman. The growth suggests that businesses have been quick to adopt the firm’s technology despite rising competition.
The San Francisco-based company reported annualized revenue of $1.6 billion at the end of 2023, up from $1 billion in September, says the report. At the time, the startup made b