OpenAI is currently generating massive profits. According to the Financial Times, the company is earning about $13 billion in yearly revenue, with 70% of that coming from individuals who pay $20 each month to interact with its AI. It’s remarkable, considering ChatGPT boasts 800 million active users, but only 5% have opted for paid subscriptions.
Despite these billions in revenue, OpenAI has pledged to invest more than $1 trillion over the next ten years (that’s trillion with a “t”). The company has recently secured agreements for over 26 gigawatts of computing power from Oracle, Nvidia, AMD, and Broadcom — a level of infrastructure spending that far exceeds its current income.
To address this shortfall, OpenAI is thinking outside the box, according to the FT. Its five-year strategy involves pursuing government contracts, developing shopping and video platforms, creating consumer devices, and even supplying computing power itself through its Stargate data center initiative.
An increasing number of companies are depending on OpenAI to deliver results. The FT points out that some of the most valuable corporations in the U.S. are now relying on OpenAI for significant deals; if the company stumbles (no pressure!), it could have ripple effects across the wider American economy.
