OpenAI's revenue tripled, valuation at $80 billion, launched ChatGPT-4o, facing criticisms and lawsuits

From Quartz: 2024-06-13 13:52:00

OpenAI’s annualized revenue has more than tripled in the past year, reaching $3.4 billion. The company’s valuation of $80 billion makes it the most valuable AI startup globally. OpenAI recently launched ChatGPT-4o, a chatbot that is faster and more affordable, partnering with Apple to feature it on the iOS 18. However, the company faces criticism for prioritizing profits over AI safety, leading competitors to seek B-Corp certifications. OpenAI is also embroiled in lawsuits with news organizations over alleged copyright infringements and disputed claims of using Scarlett Johansson’s voice without permission.



Read more at Quartz: ChatGPT maker OpenAI’s revenue is skyrocketing