""We expect to end this year above $20 billion in annualized revenue run rate and grow to hundreds of billion [sic] by 2030. We are looking at commitments of about $1.4 trillion over the next 8 years," he wrote. While the post was largely a response to a brouhaha over comments his CFO made, and quickly walked back, concerning government-backstopped loans, Altman also listed a number of future business plans he believes will generate significant revenue."
"Altman also said OpenAI could become a cloud computing provider: "We are also looking at ways to more directly sell compute capacity to other companies (and people); we are pretty sure the world is going to need a lot of 'AI cloud', and we are excited to offer this." That's a bold idea for a company that doesn't yet have its own network of data centers."
OpenAI expects to end this year above $20 billion in annualized revenue run rate and grow to hundreds of billions by 2030, with about $1.4 trillion in commitments over the next eight years. The company plans an enterprise offering and reports roughly one million business customers. OpenAI is pursuing consumer devices and robotics, including a reportedly palm-sized AI device after acquiring Jony Ive's io. A new OpenAI for Science initiative targets scientific discovery as a business. OpenAI is exploring selling compute capacity directly as an 'AI cloud'. The company may raise funds by selling equity or taking loans.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]