Big Law

Microsoft-Backed OpenAI Hits $2 Billion Revenue Milestone

Microsoft-backed MSFT.O OpenAI hit the $2 billion revenue milestone in December, the Financial Times reported on Friday, citing two people with knowledge of the artificial intelligence (AI) start-up’s finances.

OpenAI believes it can more than double this figure in 2025, based on strong interest from business customers seeking to use its technology to adopt generative AI tools in the workplace, the report said.

Microsoft and OpenAI did not immediately reply to Reuters’ request for comment.

Read the source article at Nasdaq

Back to top button