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OpenAI hits $10B in annual recurring revenue
- deleted 1y ago[deleted]
- downrightmike 1y agoBut how much does it cost? Pretty sure that MSFT is "investing" many more times that just to keep it going.
- ben_w 1y ago1.375x in total (so 13 billion + another 0.75b later) is not "many more times" that: https://www.geekwire.com/2024/microsofts-financial-disclosures-show-how-openai-is-fueling-growth-and-taking-a-toll-on-profits/ https://www.geekwire.com/2024/microsofts-financial-disclosur...
- downrightmike 1y agoMicrosoft is making significant investments in AI, including a plan to spend $80 billion on AI-enabled data centers in fiscal 2025
- ben_w 1y agoAFAICT, zero of that $80b is currently planned to be invested in OpenAI, but even if it was (and why wouldn't Altman try?), future investment clearly wasn't necessary for OpenAI to reach present revenue. MS wants to replicate what OpenAI, a different company despite previous investments, already has.