OpenAI on Track to Double Revenue Ahead of IPO
OpenAI is projected to generate more than $40 billion in annualized revenue, doubling its end-of-2025 run rate. Growth from paying ChatGPT users, enterprise adoption, and the Codex coding assistant is driving the increase, while computing power costs remain a significant challenge.
Read full story →OpenAI CFO tells shareholders enterprise revenue has overtaken ChatGPT
Enterprise revenue has surpassed consumer revenue at OpenAI, with the company's annualized run rate reaching $40 billion. This milestone occurred months ahead of the company's previous forecast and represents roughly double the revenue from a year earlier.
Tesla says a flying car is coming. BYD already has one that makes sense
Tesla plans to demo a next-generation Roadster with cold gas thrusters that can drive upside down on a magnetized ramp and hover in the air. BYD has shipped a real flying car since February 2024 designed to jump 20 feet over obstacles.
What we know about the alleged Iranian hacks on US water utilities
Hackers have broken into systems at several US water treatment plants over recent weeks in attacks allegedly carried out by Iran. The specific number of affected facilities and the extent of operational disruption remain unclear.