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OpenAI’s nonprofit arm showed revenue of $45,000 last year, even though company is worth billions – CNBC

OpenAI’s nonprofit arm showed revenue of $45,000 last year, even though company is worth billions – CNBC

Sam Altman, CEO of OpenAI, during the Asia-Pacific Economic Cooperation CEO Summit in San Francisco on Nov. 16, 2023.David Paul Morris | Bloomberg | Getty ImagesOpenAI is valued by private investors at $86 billion, due in part to the popularity of ChatGPT. But if you’re looking for a revenue figure for the red-hot artificial intelligence startup, the latest official number you’ll find is the tiny sum of $44,485 for last year.That’s from the nonprofit parent’s 990 filing with the Internal Revenue Service, a form that has to be filled out by organizations wishing to maintain their tax-exempt status. OpenAI shared the… 

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