OpenAI Projects $20 Billion Jump in Annualized Revenue Before Year End

T2Covered by 1 source · first reported by PYMNTS at 09 Oct, 13:55 UTC

OpenAI expects its annualized revenue to reach at least $70 billion by the end of the year, up from $50 billion at the end of September, Bloomberg reported Friday (Oct. 9), citing unnamed sources. The expected gains are being driven by growth in OpenAI’s enterprise business, according to the…