OpenAI revenue surges to $12 billion as ChatGPT user base soars ...Middle East

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OpenAI has reportedly reached an annualized revenue run rate of $12 billion, doubling its monthly revenue in just seven months, according to a person familiar with discussions at the company. The maker of ChatGPT is now generating approximately $1 billion per month, up from $500 million earlier this year.

The milestone underscores OpenAI's position as a global leader in the generative AI space, driven by surging demand for conversational AI tools across industries.

This article was written by Eamonn Sheridan at investinglive.com.

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