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Silicon Valley's hottest startup, I'm talking about OpenAI, recently hit a milestone.
In December, the company surpassed $2 billion in annualized revenue.
Which means that if OpenAI earned as much money each month as it did in December,
$2 billion is what it would make over the course of a year.
Now, this is a big deal for a company as young as OpenAI.
The FT broke this news earlier this month, and George Hammond was one of the reporters on the story.
OpenAI are on this incredibly steep curve of growth.
So they are talking about potentially doubling or more than doubling that revenue number over the next 12 months.
So it's an incredible rate of growth that they're going at.
A huge part of that lightning speed success is ChatGPT,
the AI chat bot that OpenAI launched a little more than a year ago.
Two billion dollars in revenue puts OpenAI amongst the most successful companies ever to come out of Silicon Valley.
I mean, the likes of Google, Apple.