OpenAI revenue surges to $12 billion as ChatGPT user base soars

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OpenAI Revenue Surges to $12 Billion as ChatGPT User Base SoarsOpenAI has reportedly reached an annualized revenue run rate of $12 billion, doubling its monthly revenue in just seven months, according to a person familiar with discussions at the company. The maker of ChatGPT is now generating approximately $1 billion per month, up from $500 million earlier this year.The rapid growth comes alongside a major spike in user engagement. ChatGPT now boasts over 700 million weekly active users, highlighting its growing role in both consumer and enterprise applications of AI.The milestone underscores OpenAI's position as a global leader in the generative AI space, driven by surging demand for conversational AI tools across industries. This article was written by Eamonn Sheridan at investinglive.com.