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Coverage Timeline

2023-12-31
The Information 5 related

Sources: OpenAI recently topped $1.6B in annualized revenue, up from $1.3B in mid-October; some OpenAI leaders believe OpenAI can reach a $5B ARR by 2024's end

It's effectively an imaginary number.  It isn't the revenue made this year. … X: Bruce J Moschella / @brucejmoschella : https://www.theinformation.com/ ... The 20% growth over two months. @OpenAI Step...

2023-12-30
The Information

Sources: OpenAI recently topped $1.6B in annualized revenue, up from $1.3B in mid-October; some OpenAI leaders believe OpenAI can reach a $5B ARR by 2024's end

OpenAI recently topped $1.6 billion in annualized revenue on strong growth from its ChatGPT product, up from $1.3 billion as of mid-October … X: @amir X: Amir Efrati / @amir : News: OpenAI leaders hav...

2023-10-12
The Information 1 related

Sources: Sam Altman told staff that OpenAI is generating $1.3B in revenue per year, implying the company is now generating $100M+/month, up 30% in three months

ChatGPT maker OpenAI is generating revenue at a pace of $1.3 billion a year, CEO Sam Altman told staff this week, according to several people with knowledge of the matter.

2023-10-03
Bloomberg 2 related

Japan's government approves up to ~$1.3B in subsidies for US chipmaker Micron's plant in Hiroshima Prefecture, set to mass produce next-generation memory chips

- Public funds to help US firm make next-gen chips in Hiroshima  — Policymakers worldwide in race to gain edge in semiconductors

2023-07-03
New York Times 1 related

Drone shows are increasingly replacing fireworks displays; research projects the global drone light show market to grow from $1.3B in 2021 to $2.2B in 2031

New York Times :

2023-07-02
New York Times 1 related

Drone shows are increasingly replacing fireworks displays; research: the global drone light show market is projected to grow from $1.3B in 2021 to $2.2B in 2031

The light displays are quieter, safer and better for the environment.  —  Like many in the fireworks industry, Stephen Vitale is in the family business.

2023-06-29
Forbes 5 related

Inflection AI, a startup led by DeepMind co-founder Mustafa Suleyman that released its Pi chatbot in May 2023, raised $1.3B, a source says at a $4B valuation

Backed by Microsoft, Nvidia and billionaires Reid Hoffman, Bill Gates and Eric Schmidt, the startup led by ex-DeepMind leader Mustafa Suleyman …

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