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International Business Times
International Business Times
Technology

OpenAI Says Its Ad Business Hit a Major Milestone, Says It Proves a 'Diversified Business Model'

OpenAi's ads hit $1 billion in annualized revenue run rate, the company said.

OpenAI announced that its advertising business hit the milestone of $1 billion in annualized revenue run rate, which claims proves the company has a "diversified business model."

The company began testing ads earlier this year. They are now available in dozens of countries, and has begun showing them to some users in India, Europe, the Middle East and North Africa. They are seen by OpenAI Go subscribers in the free tier. It noted that ads are clearly labeled and don't have anything to do with the answers. Accounts identified as belonging to people under 18 are also excluded from the program.

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