OpenAI has five years to turn $13 billion into $1 trillion

OpenAI is printing money now. The company generates nearly $13 billion in annual revenue, 70% of which comes from regular people who pay $20 a month to chat with AI. According to the Financial Times. This is pretty strange when you consider that ChatGPT has 800 million regular users, but only 5% are actually paying subscribers.

Despite raising billions, OpenAI has also committed to spending more than $1 trillion over the next decade (yes, $1 trillion). The company recently closed deals for more than 26 gigawatts of computing capacity from Oracle, Nvidia, AMD, and Broadcom, infrastructure that will cost much more than what’s coming.

To fill this gap, OpenAI is getting more creative, the Financial Times reported. The five-year plan includes exploring government contracts, shopping tools, video services, consumer devices, and even becoming a computing supplier itself through the Stargate data center project.

An increasing number of companies need mathematics to work for them. The Financial Times notes that some of the most valuable American companies are now relying on OpenAI to fulfill major contracts. If OpenAI stumbles (no pressure!), it would likely destabilize the broader US market.