Stefan Mileschin

OpenAI’s annualized revenue was $3.4 billion, CEO Sam Altman reportedly told staff. That’s up from $1.6 billion around the end of last year, and $1 billion a year ago. Most of this revenue came from a subscription version of ChatGPT, which offers higher messaging limits to people who pay at least $20 a month, as well as from developers who pay the company to use the company’s large language models in their own apps and services. About $200 million on an annualized basis comes from Microsoft, which gives OpenAI a cut of sales of OpenAI’s large language models to customers using Azure, Microsoft’s cloud computing platform aimed at businesses.

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