OpenAI's revenue run rate is surging toward $70 billion as enterprise sales doubled
OpenAI, an artificial intelligence company, is experiencing rapid revenue growth, with its annualized revenue up more than 70% since the start of the third quarter and business-to-business sales more than doubling. The company is now seeking $30 billion in new funding at a $1.4 trillion valuation. CEO Sam Altman has delayed taking the company public through an initial public offering, citing AI safety concerns, and the fundraising round is intended to serve as a bridge while the company remains private.
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2 developments- Sep 29OpenAI's revenue run rate is surging toward $70 billion as enterprise sales doubled
- Sep 29OpenAI is seeking $30 billion in new funding at a $1.4 trillion valuation
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