OpenAI Eyes Trillions, Woos 260 Firms, Nears $1B Goal
April 13, 2024OpenAI, under CEO Sam Altman, is actively seeking substantial global investments to fuel the AI industry's growth, aiming for trillions in funding.
The company has demonstrated its enterprise-level chatbot, ChatGPT Enterprise, to over 100 corporate executives, highlighting use cases like call center optimization and language translation.
OpenAI has rapidly gained corporate attention, with 260 companies registering for their services in just four months, nearing a $1 billion revenue target for 2024.
The firm boasts over 600,000 users for its enterprise AI products and is expanding its reach to Hollywood with video creation tools.
OpenAI is committed to data security for its corporate clients, ensuring their information won't be used for AI training, positioning the company as a potential competitor to Microsoft in the corporate AI arena.
Summary based on 10 sources
Get a daily email with more World News stories
Sources
Quartz • Apr 12, 2024
OpenAI's Sam Altman is trying to poach some of Microsoft's customersSeeking Alpha • Apr 12, 2024
OpenAI faces off backer Microsoft as it pitches ChatGPT Enterprise to major corporates: ReutersThe Register • Apr 12, 2024
OpenAI CEO wants UAE Dubai into his plan for a global AI cabalPYMNTS.com • Apr 12, 2024
OpenAI Hosts Hundreds of Corporate Executives to Demonstrate ChatGPT Enterprise