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Cheddar News
  • 2 weeks ago
OpenAI CEO Sam Altman said the AI company is projected to generate over $20 billion in annualized revenue this year.

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00:00OpenAI CEO Sam Altman said the AI company is projected to generate over $20 billion in
00:06annualized revenue this year, with ambitions to reach hundreds of billions by 2030. The company
00:12has signed more than $1.4 trillion in infrastructure deals to expand its data centers and meet growing
00:19demand. OpenAI, currently valued at $500 billion, remains unprofitable but is scaling rapidly
00:26following ChatGPT's success. Altman emphasized the company is not seeking government guarantees,
00:33stressing that market forces, not taxpayers, should determine the success or failure of its investments.
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