According to the latest international media reports, OpenAI, driven by the strong performance of its flagship product ChatGPT, is projected to achieve significant growth in 2024 despite incurring substantial losses. Internal sources reveal that OpenAI anticipates annual revenue of $3.7 billion, with expected losses around $5 billion, highlighting the company's relentless efforts and substantial investments in technological innovation and market expansion.
OpenAI's quarterly revenue has surged to a new high of $300 million, establishing a solid foundation for the company's future growth. Looking ahead, OpenAI remains highly ambitious, projecting revenue to skyrocket to an impressive $11.6 billion by 2025, indicating rapid business expansion and deep market penetration.
To achieve these objectives and accelerate its growth trajectory, OpenAI is actively preparing for a new round of financing aimed at further solidifying its market position. The current funding round targets a valuation of $150 billion, attracting numerous top-tier investment firms. Among them, Thrive Capital leads the round with a planned investment of up to $1 billion, while renowned investment firm Tiger Global has also shown strong interest in participating.
Recently, OpenAI's Chief Financial Officer Sarah Friar informed investors that the current financing round has received oversubscription and is expected to conclude successfully next week. This positive development not only demonstrates the market's strong confidence in OpenAI's future prospects but also provides robust financial support for its subsequent strategic initiatives.
However, amidst the positive financing news, OpenAI is also experiencing internal personnel changes. After six and a half years of service, Chief Technology Officer Mira Murati has announced her departure, a development that has garnered significant attention within the industry. Nevertheless, the OpenAI team has stated its commitment to maintaining technological innovation and accelerating business development.
Notably, OpenAI's board is contemplating a major strategic shift to restructure the company into a for-profit entity. It is reported that the restructured OpenAI will maintain its non-profit division as an independent entity, aiming to better balance social responsibility with commercial interests.
Since the groundbreaking launch of ChatGPT in late 2022, OpenAI's services have received widespread acclaim and significant attention globally. The company has achieved substantial revenue growth not only through subscriptions for various tools but also by successfully licensing its GPT series large language models to numerous partners.
However, as OpenAI rapidly expands, it faces substantial operational costs and personnel expenses. Analysts point out that the company's significant losses this year are primarily due to expenditures on operating services, employee salaries, and office rents. These costs do not include equity compensation and several major expenses that were not fully detailed in filings.
