⚡️🗣️ WATCH - 5 years ago, Sam Altman said OpenAI had no plan to make money.

The promise to investors? Build AGI -- then ask it how to generate a return.

“If AGI is on the table, we take 1/1000th of 1% of the value, return it to investors, and figure out how to share the rest with the world.”

OpenAI shifted from a nonprofit with no revenue plans in 2020 to a revenue-driven model by 2025, earning $3.7B in 2024, projected to hit $12.7B in 2025. It launched paid services like ChatGPT Pro and APIs to fund high costs, with $5B losses in 2024.