ALBAWABA - After a year filled with momentum for OpenAI, the developer of ChatGPT, estimates indicate that the company's annual revenues have reached $1.6 billion.
The company's annual revenues reached the $1.6 billion mark, representing an increase of approximately 20% compared to mid-October levels when it recorded $1.3 billion.
These figures suggest that OpenAI managed to maintain its business momentum despite the regulatory crisis following the temporary removal of Sam Altman from the position of CEO. Last week, the company, along with Microsoft, faced a legal suit from The New York Times for alleged copyright and property rights violations.
According to the lawsuit, Microsoft and OpenAI used the newspaper's work to develop and market their artificial intelligence products without obtaining permission from the newspaper.
