OPENAI EXPECTS REVENUE WILL TRIPLE TO $12.7 BILLION THIS YEAR

Summary from the TLDR newsletter

OpenAI plans to more than triple its revenue this year - it generated $3.7 billion in annual revenue last year. The company hit 2 million paid users for the corporate version of ChatGPT in September. It more recently added a $200 monthly ChatGPT Pro option and is considering charging thousands of dollars per month for certain AI products. The company does not expect to be cash-flow positive until 2029. It has been in talks with regulators to restructure into a for-profit public benefit corporation.