OpenAI is making more than $1 billion a month from something that has nothing to do with ChatGPT (www.businessinsider.com)

OpenAI has reported generating over $1 billion in monthly revenue from its API business, which underlines a significant shift in focus from its well-known ChatGPT product. CEO Sam Altman's remarks highlight how the API allows various companies and developers to integrate OpenAI's models into their tools, empowering sectors like legal tech and AI-driven search. This robust API revenue stream emerges as a crucial growth avenue for OpenAI amid rising operational costs tied to compute power and data centers. As OpenAI explores alternatives to traditional subscription models, it is also considering advertising within ChatGPT, a major pivot for a company that once deemed ads undesirable. This shift towards monetization could help address the burden of $1.4 trillion in future commitments. Additionally, OpenAI is contemplating licensing agreements that would allow it to earn a percentage of sales from successful products developed using its technology, positioning itself not just as a service provider but also as a potential stakeholder in the success of its partners. This evolution suggests a more comprehensive approach to sustaining growth while enhancing its infrastructure capabilities in the AI/ML landscape.