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4w ago

OpenAI Projects $12.7 Billion Revenue for 2025, Unveils New Image-Generation Features

CEO Sam Altman shifts focus to research as COO Brad Lightcap takes over operations, while OpenAI expands ChatGPT's capabilities to maintain its competitive edge.

OpenAI logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
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Overview

  • OpenAI expects its revenue to triple to $12.7 billion in 2025, marking significant growth driven by product innovation and a growing user base.
  • Sam Altman will concentrate on research and product development, with Brad Lightcap assuming responsibility for daily operations as COO.
  • The company has introduced native image-generation capabilities in ChatGPT, enabling the creation of diagrams, infographics, logos, and customized art.
  • The new image-generation feature is rolling out to ChatGPT PLUS, Pro, Team, and free-tier users, with Enterprise and Edu users to gain access soon.
  • OpenAI continues to face intense competition in the generative AI market from startups like Anthropic and Perplexity, as well as tech giants like Google and Microsoft.