Daily AI News - April 2

OpenAI just announced they raised $122 billion at a $852 billion valuation. At this point they are basically building AI infrastructure, not just models.

Some numbers from their announcement:

• 900M weekly ChatGPT users

• 50M subscribers

• About $2B revenue per month

• Enterprise already 40% of revenue

• 15B tokens per minute through their API

Their strategy is basically a flywheel: more compute leads to better models, better models lead to better products, better products lead to more users and revenue, and that revenue gets reinvested into more compute and infrastructure.

They are also moving toward what they call an AI superapp that combines ChatGPT, coding, browsing, agents, and workflows into one system.

https://openai.com/index/accelerating-the-next-phase-ai/

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