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Corporate Revenue

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technology1 year ago

"OpenAI's Altman Presents ChatGPT Enterprise to Major Firms, Including Microsoft Clients"

OpenAI's CEO Sam Altman has been pitching AI services, including ChatGPT Enterprise, to Fortune 500 executives in a series of events in San Francisco, New York, and London, aiming to expand revenue from corporate clients, potentially competing with its backer Microsoft. The enterprise-grade chatbot, software to connect customer applications to AI services, and text-to-video models were demonstrated, with a focus on industries like finance, healthcare, and energy. OpenAI, valued at $86 billion, is diversifying its revenue stream and expects enterprise sales to become a significant part of its revenue, with over 600,000 sign-ups for ChatGPT Enterprise and Team. Additionally, the company's Sora video creation tool has garnered interest and some concerns from Hollywood studios.