Sam Altman says ‘enough’ to questions about OpenAI’s revenue

Core Insights - OpenAI is reportedly generating "well more" than $13 billion in annual revenue, despite significant spending commitments exceeding $1 trillion for computing infrastructure over the next decade [1][2][3] - The CEO of OpenAI expressed confidence in the company's revenue growth and future potential, emphasizing the importance of AI cloud services and consumer device business [3] - There are no immediate plans for an IPO, with the CEO stating that while going public is a possibility in the future, there is no specific timeline or board decision in place [4][5] Revenue and Financial Outlook - OpenAI's current revenue is substantial but overshadowed by its long-term spending commitments [2] - The company is optimistic about reaching $100 billion in revenue by 2028 or 2029, with discussions suggesting even earlier targets [4] - Revenue growth is described as "steep," indicating a strong upward trajectory in financial performance [3] Company Strategy and Market Position - OpenAI aims to establish itself as a significant player in the AI cloud market and believes that its consumer device business will contribute significantly to its value [3] - The CEO highlighted the potential for AI to automate scientific processes, which could create substantial value for the company [3] - OpenAI's partnership with Microsoft has reportedly exceeded all business plans presented to the tech giant, showcasing strong investor confidence [4]