OpenAI’s ads business just reached a $1 billion annualized revenue run rate less than 200 days after its launch. Ad revenue is critical to supporting access to free generative AI services. And this is especially true for AI companies like OpenAI that are looking to go public in coming months. OpenAI says that "tens of thousands of advertisers" now used ChatGPT Ads, which is available in more than 40 countries. The company’s ad business puts it in direct competition with Google and Meta and as the LLM advertising ecosystem evolves I’m very curious what types of brands and companies will be built off the back of it. What are your thoughts??
7.67% ERengagement of this clip — above the author's average (5.07%)
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7%of the author's average views
