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OpenAI hits $12 billion in annualized revenue, The Information reports https://www.reuters.com/business/openai-hits-12-billion-annualized-revenue-information-re

• rwmj 1y ago
  Don't worry, they might be making a loss on each transaction but they'll make it up in volume..
  • Ekaros 1y ago
    They have invested how much money and still not producing enough volume?
• dmix 1y ago
  So about the same revenue as SpaceX.
  • hu3 1y ago
    SpaceX is unique. OpenAI is one of many.
    • cactusplant7374 1y ago
      The many being companies that no one has heard of and only have a following here.
    • ac29 1y ago
      SpaceX has a price advantage over their competitors, not a capability advantage. Putting things in orbit has been possible for ~70 years
      • vasco 1y ago
        Frequency of launches is a capability.
      • throwaway6612 1y ago
        Cessnas have a price advantage over Boeings, not a capability advantage. Putting things in air has been possible for ~120 years.
    • CamperBob2 1y ago
      Let's see how the inevitable patent wars shake out.
    • MuffinFlavored 1y ago
      > OpenAI is one of many. Maybe to you as a tech person who is online a lot/reads message boards/etc. I don't think my mother in law/the average person knows Claude, Gemini, etc. but I surely overhear young kids/average people on trains talking about "ChatGPT" almost exclusively
  • raldi 1y ago
    But what's SpaceX's revenue growth rate?
    • dmix 1y ago
      OpenAI will likely be a huge business. Just adding a datapoint for reference.