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OpenAI’s ChatGPT ads pilot reached a $100 million annualized revenue run rate within six weeks.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02OpenAI said its ChatGPT ads pilot in the U.S. reached a $100 million annualized revenue run
00:08rate within six weeks, citing strong early demand, according to Reuters.
00:13The company said in January it would begin testing ads with some U.S. users on its free
00:18and go plans to generate revenue to fund AI development costs.
00:22OpenAI said ChatGPT ads are separate from its responses and do not use or share user
00:27conversations with marketers. About 85% of users are eligible to see ads, but fewer than
00:3320% see them daily, leaving room for monetization growth.
00:36OpenAI said it sees no impact on trust metrics and low ad dismissal rates and plans to expand
00:42globally. OpenAI said it has over 600 advertisers, with nearly 80% of small and medium-sized businesses
00:49expressing interest in ChatGPT ads.
00:51For all things money, visit Benzinga.com.
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