OpenAI’s Revenue Surge: 75% from Consumer Subscriptions with ChatGPT Hitting 250 Million Weekly Active Users

October 30, 2024 – According to a report by Bloomberg, OpenAI generates approximately 75% of its revenue from consumer subscriptions, as disclosed by the company’s Chief Financial Officer, Sarah Friar. The consumer strategy of OpenAI revolves around its ChatGPT product, which offers a monthly subscription starting at $20. The report indicates that OpenAI has successfully…

Read More

OpenAI Introduces sCM: A Revolutionary 50x Faster AI Text-to-Image Solution

October 28, 2024 – This week, OpenAI unveiled a novel AI text-to-image solution named sCM (Continuous-Time Consistency Model), marking a significant breakthrough in the field of artificial intelligence. Unlike traditional diffusion models, which often require tens to hundreds of gradual denoising steps to produce high-quality samples, sCM boasts a remarkable increase in efficiency, claiming to…

Read More