OpenAI expects its revenue to soar to $12.7 billion in 2025, nearly tripling from previous levels. The AI giant continues to dominate the industry, backed by Microsoft, which reported $13 billion in annual recurring revenue in the fourth quarter—an impressive 175% year-over-year growth.
According to a Bloomberg report, the company has been experiencing some changes in the leadership of the organization. Sam Altman will transition to a research and product development role, while Brad Lightcap will assume the role of operating chief.
These changes are to be made to ensure OpenAI can compete with the increasing competition from Anthropic, Perplexity, Google, and Microsoft.
OpenAI is also funded by SoftBank, which invested $40 billion in the company at a $260 billion post-money equity valuation. The funding will support Stargate, a company formed in a partnership with Oracle and supported by President Donald Trump.
At the same time, OpenAI is improving ChatGPT with native image generation. The feature is available for ChatGPT Plus, Pro, and Team subscribers and for the free GPT-4 users who have access to the GPT-4o. It is expected that enterprise and education users will be able to access it soon.
With strong financial growth, leadership changes, and cutting-edge AI advancements, OpenAI is solidifying its position as a leader in generative AI.
Also Read: OpenAI’s Sam Altman Unveils new AI feature in GPT-4o
