OpenAI’s revenue on track to reach $1.3 bn

ChatGPT developer OpenAI is reportedly going to make $1.3 billion in revenue this year, according to its CEO Sam Altman, amid reports that the AI company is witnessing a slow down in sales.

Microsoft-backed AI company is apparently generating more than $100 million per month, up 30 per cent from earlier this year, reports The Information, citing sources.

“OpenAI is generating revenue at a pace of $1.3 billion a year, CEO Sam Altman told staff this week,” the report mentioned.