OpenAI's so-called Annual Recurring Revenue (ARR) has hit $10 billion, calculated by multiplying its current monthly revenue by 12.<br /> The article OpenAI hits $10 Billion in annual revenue appeared first on THE DECODER. [...]
In recent weeks, OpenAI has signed blockbuster deals with AMD and Broadcom to build vast numbers of AI chips. Much of the focus has been on the financial implications, since OpenAI will need hundreds of billions of dollars to make good on its promises. As important as it is to look at the quite implausible financials, we also need to look at the broader implications for the industry. Like, the chi [...]