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DiscoveryWaymoWeWorkXYouTube NewslettersWeekendOpinionThe Electric Events Upcoming EventsVideo Library PartnersCorporate Directory Forum Sign In Subscribe AboutCorporate Subscription Exclusive ai OPENAI’S ANNUALIZED REVENUE TOPS $1.6 BILLION AS CUSTOMERS SHRUG OFF CEO DRAMA By Maria Heeter * maria_heeter@theinformation.com * Profile and archive → * Follow Maria on Twitter , Amir Efrati * amir@theinformation.com * Profile and archive → * Follow Amir on Twitter and Stephanie Palazzolo * stephanie@theinformation.com * Profile and archive → | Dec. 30, 2023 7:00 AM PST Photo: OpenAI CEO Sam Altman. Photo via Getty OpenAI recently topped $1.6 billion in annualized revenue on strong growth from its ChatGPT product, up from $1.3 billion as of mid-October, according to two people with knowledge of the figure. The 20% growth over two months represented in that figure—a measure of the prior month’s revenue multiplied by 12—suggests that the company was able to hold onto its business momentum in selling artificial intelligence to enterprises despite a leadership crisis in November that provided an opening for rivals to go after its customers. JOIN NOW TO READ THE FULL STORY Get Started Get access to exclusive coverage Read deeply reported stories from the largest newsroom in tech. Latest Articles AI Agenda semiconductors ai The Twelve Startups Battling For a Slice of Nvidia’s Pie By Stephanie Palazzolo · Jan. 9, 2024 7:10 AM PST No company has been better positioned to profit from the generative AI boom than Nvidia, the maker of graphics processing units. But a host of rival startups developing similar chips or the software to run those chips are trying to capture some of the revenue currently being spent on GPUs. 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