OpenAI Hits $1 Billion Run Rate With ChatGPT Ads In Just 200 Days
SMRTR summary
OpenAI's ChatGPT advertising business hit a $1 billion annualized revenue run rate in just 200 days, growing roughly tenfold since April. The company expanded its self-serve ad-buying tool to India, Europe, the Middle East, and North Africa, targeting its roughly 1 billion weekly free-tier users. With a full-year ad revenue target of $2.5 billion and an IPO on the horizon, OpenAI is aggressively challenging Google and Meta's dominance in digital advertising.
SMRTR provides this summary for quick context. The original article belongs to Forbes.
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