0% found this document useful (0 votes)
10 views10 pages

Bestiee

The project report provides an overview of OpenAI, including its mission to ensure artificial intelligence benefits humanity and its financial performance. Despite generating significant revenue, OpenAI anticipates a net loss of $5 billion for 2024 due to high operational costs. The report emphasizes the company's commitment to responsible AI development and its long-term strategy for profitability by 2029.

Uploaded by

8yxpgt9g5s
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
10 views10 pages

Bestiee

The project report provides an overview of OpenAI, including its mission to ensure artificial intelligence benefits humanity and its financial performance. Despite generating significant revenue, OpenAI anticipates a net loss of $5 billion for 2024 due to high operational costs. The report emphasizes the company's commitment to responsible AI development and its long-term strategy for profitability by 2029.

Uploaded by

8yxpgt9g5s
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 10

2081

PROJECT
REPORT
BUSINESS STUDIES

SUBMITTED TO :
Rabina Giri

SUBMITTED BY :
Namuna Karki
Acknowledgement
I would like to express my sincere gratitude to my Business
Studies teacher, Ms. Rabina Giri, for her invaluable
support and guidance throughout the course of this project.
Her constant encouragement, constructive feedback, and
thoughtful insights have greatly contributed to the development
and success of this work. I am deeply appreciative of the
knowledge and resources she has shared, which have allowed
me to explore and analyze the subject in greater depth.

Additionally, I would like to acknowledge OpenAI for


providing the necessary tools and information, which
significantly aided my research process. The resources
provided by OpenAI enabled me to enhance the quality of
my project and gain a deeper understanding of the topic. This
project would not have been as comprehensive without their
support..

Namuna Karki
Grade 12
Everest Florida
OpenAI Chat GPT 02

Table Of
Content
03 About Company 07 Financial Statements

04 Meat Our Team 08 Monthly Profit

05 Vision And Mission 09 One Year Review

06 Annual Sales 10 Contact Us


OpenAI ChatGPt 03

About
Company
OpenAI is an artificial intelligence research company founded in
December 2015 by Elon Musk, Sam Altman, Greg Brockman, Ilya
Sutskever, Wojciech Zaremba, and John Schulman. The company’s
mission is to ensure that artificial general intelligence (AGI) benefits all of
humanity. OpenAI initially started as a non-profit organization but
transitioned to a capped-profit model in 2019. It is known for developing
advanced AI models like GPT, DALL·E, and Codex.

OpenAI has made significant contributions to the AI field, especially in


natural language processing and generative AI. Its most popular
product, ChatGPT, allows users to interact with AI in a conversational
way. OpenAI emphasizes responsible AI development and focuses on
safety, ethics, and transparency. It collaborates with researchers and
policymakers worldwide to guide AI development. OpenAI’s
innovations continue to shape industries, education, and creative fields
globally.
OpenAI Chat GPT 04

OpenAI’s Team
The core team of OpenAI consists of top researchers, engineers, and
executives dedicated to advancing artificial intelligence. Led by CEO
Sam Altman, they focus on developing safe AI technologies, conducting
cutting-edge research, and ensuring AI benefits humanity responsibly.

Mira Murati Brad Lightcap Greg Brockman

llya Sutskever Wojciech Zaremba Bob McGrew


OpenAI ChatGPT 05

Vision
OpenAI’s vision is to ensure that artificial intelligence benefits all of
humanity. It aims to develop safe and highly capable AI while
promoting its responsible use. OpenAI focuses on creating AI
systems that are aligned with human values, fostering transparency,
and preventing potential risks. Through collaboration and innovation,
OpenAI envisions a future where AI enhances human potential,
solves global challenges, and contributes to economic and social
progress.

Mission
OpenAI’s mission is to ensure that artificial intelligence serves
humanity by developing safe, ethical, and advanced AI
technologies. It prioritizes transparency, collaboration, and
responsible AI use to maximize benefits while minimizing risks for
society and the future.

Mission 1
OpenAI’s mission is to develop artificial intelligence that benefits all of
humanity. It focuses on creating safe, ethical, and highly capable AI
systems while ensuring transparency, accountability, and fairness in AI
development and deployment.

Mission 2
 OpenAI prioritizes collaboration with researchers, policymakers, and
organizations to promote responsible AI use. By addressing potential
risks and aligning AI with human values, OpenAI aims to maximize its
positive impact on society and future generations.
Salford & Co. 06

Annual Sales

50

40

30

20

10

0
2020 2021 2022 2023 2024

OpenAI’s annual turnover reflects its revenue generated through AI


research, product development, and partnerships. Its income sources
include API services, enterprise solutions, and collaborations with
organizations, contributing to the company’s financial growth and
sustainability in the AI industry.

Additionally, OpenAI reinvests its revenue into research, infrastructure, and


talent acquisition to enhance AI capabilities. This financial approach
ensures continuous innovation, helping OpenAI advance cutting-edge AI
technologies while maintaining ethical and responsible AI development.
OpenAI ChatGPT 07

Financial Statements

2029 2030

Revenue $1.6 billion $3.4 billion

Expenses $1.5 billion $3.7 billion

Profit $5 billion $11.6

OpenAI has experienced rapid financial growth, with revenue


reaching $3.7 billion in 2024. However, due to high operational
costs, it expects a net loss of $5 billion this year

Despite these losses, OpenAI projects $11.6 billion in revenue for


2025 and aims for profitability by 2029. Investments in computing
infrastructure and AI research are driving its long-term financial
strategy.
Salford & Co. 08

Monthly Profit
OpenAI’s monthly profit fluctuates due to its significant investments in AI
research, infrastructure, and talent acquisition. Despite generating millions in
revenue, the company is operating at a loss, with a projected net loss of $5
billion for 2024. Monthly profit varies, as high operational costs associated with
developing and maintaining cutting-edge AI models like GPT-4 impact the
company’s earnings, with profitability anticipated to grow in the coming
years.

OpenAI’s monthly profit fluctuates


Week 1 due to its significant investments in
13% AI research, infrastructure, and
talent acquisition.Despite generating
Week 4 millions in revenue, the company is
36.4% operating at a loss, with a projected
Week 2
19.5%
net loss of $5 billion for 2024.
Monthly profit varies, as high
operational costs associated with
developing and maintaining cutting-
edge AI models like GPT-4 impact
the company’s earnings, with
Week 3 profitability anticipated to grow in the
31.2%
coming years.

OpenAI’s monthly profit fluctuates due to its significant investments in AI


research, infrastructure, and talent acquisition. Despite generating millions in
revenue, the company is operating at a loss, with a projected net loss of $5 billion
for 2024. Monthly profit varies, as high operational costs associated with developing
and maintaining cutting-edge AI models like GPT-4 impact the company’s
earnings, with profitability anticipated to grow in the coming years.
OpenAI ChatGPT 09

Conclusion…
OpenAI’s monthly profit fluctuates due to its significant investments in AI
research, infrastructure, and talent acquisition. Despite generating millions in
revenue, the company is operating at a loss, with a projected net loss of $5
billion for 2024. Monthly profit varies, as high operational costs associated with
developing and maintaining cutting-edge AI models like GPT-4 impact the
company’s earnings, with profitability anticipated to grow in the coming
years.

December January
March
13.5% 1.5%
4.4%
April
5.9%

May
November 7.3%
13.2%

June
8.1%

October
July
12.5%
8.8%

September August
11.7% 10.3%

OpenAI’s monthly profit fluctuates due to its significant investments in AI


research, infrastructure, and talent acquisition. Despite generating millions in
revenue, the company is operating at a loss, with a projected net loss of $5 billion
for 2024. Monthly profit varies, as high operational costs associated with developing
and maintaining cutting-edge AI models like GPT-4 impact the company’s
earnings, with profitability anticipated to grow in the coming years.

You might also like