Artificial intelligence startup OpenAI expects massive losses this year, but revenue over the next five years will continue to be explosive as the company raises fees on its signature chatbot.
According to documents seen by the New York Times, the company expects revenue of $3.7 billion in 2024. ChatGPT, which launched in 2022 and set off the current generative AI frenzy, is expected to generate $2.7 billion this year, while $1 billion will come from other businesses.
