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For 2022, the company’s revenue was just $28 million.
The latest OpenAI revenue report came as according to data from market intelligence firm Appfigures, ChatGPT witnessed more than 30 per cent revenue growth in the last couple of months but now, the rate at which revenue grew is actually the lowest to date, at just 20 per cent (as of September).
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Although 20 per cent growth is still “amazing especially when we’re looking at millions, it’s lower than the previous months which were in the 30s,” the report noted.The upgraded ChatGPT+ subscription service costs $19.99 per month that offers faster response times, priority access at peak times and early access to new features and improvements.
“Our estimates show ChatGPT earned $3.2 million in September from the App Store and Google Play. That is net which means what OpenAI gets to keep after Apple and Google take their fees,” Appfigures said in its report.
Altman-run OpenAI is also reportedly raising funds at a valuation of $80-$90 billion via sale of existing shares.