Competition is intensifying in the generative artificial intelligence sector. The impressive valuations of Anthropic and Perplexity, as well as the notable efforts of tech giants like Google on Gemini, are intensifying the competition. The sector leader, OpenAI does not intend to be a pioneer that will be forgotten.
In recent days, the San Francisco-based company has made a string of announcements: new image generation and modification features and financial forecasts. On Tuesday, March 26, the developer of ChatGPT left leaked to the press its outlook for the current year. Information first reported by Bloomberg, then confirmed by CNBC, did State of a turnover which should triple to reach $12.7 billion (around €11.87 billion) by the end of 2025.
Change in internal organization
Last September, Reuters had reported a 2025 target of $11.6 billion (nearly €10.8 billion). Expectations have therefore been revised upwards. However, OpenAI's cash flow isn't expected to be positive until 2029. However, this could mean investments.
Earlier this week, OpenAI CEO Sam Altman also announced strategic changes to his senior leadership. His role will evolve and move away from day-to-day management to focus on R&D and the product. Day-to-day operations will be overseen by Brad Lightcap, currently COO, who will also serve as CCO.
Investments to coming to Stargate
Furthermore, last month, SoftBank announced that it was about to invest $40 billion (around €37 billion) in the leader in generative AI, thus raising OpenAI's valuation to $260 billion (around €240 billion). Donald Trump also indicated that this funding is to serve Stargate, a joint venture between SoftBank, Oracle and OpenAI that aims to develop a new AI infrastructure for the latter in the United States. A project that should be accompanied by the creation of hundreds of thousands of jobs on American soil.
Microsoft, which positions itself as the main shareholder and strategic partner of OpenAI, also recorded very encouraging results. In the fourth quarter, the Redmond firm recorded growth of 175% compared to the previous year, reaching an average annual turnover of 13 billion dollars (equivalent to 12 billion). Enough to continue supporting OpenAI!
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