As people around the world are planning out their new year’s resolutions, OpenAI is adding an ambitious one to its list too: Reaching $5 billion in annualized revenue by the end of 2024. Now, whether the model developer shares my tendency to overpromise with my new year's goals, I’m not sure. But, it’s off to a pretty good start—it recently passed $1.6 billion in annualized revenue, up 20% from just a few months ago despite its recent CEO drama, Maria Heeter, Amir Efrati and I reported over the weekend. However, the model developer may be facing a new obstacle to its money-making goals in 2024.

Source: New York Times January 02, 2024 19:08 UTC