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The Economic Times
The Economic Times
Technology

OpenAI's ad business hits $1 billion annualised revenue run rate

OpenAI on Monday said ChatGPT Ads, the company's ​advertising business, has reached $1 ​billion in annualised revenue run rate, as ​adoption picks up and global expansion rolls out.

The company started testing ads in ChatGPT US earlier this year and has steadily expanded to ‌add advertisers ⁠and ⁠tap into more markets, as it banks on advertising to boost ​overall revenue growth ahead of a potential IPO.

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