Key insights
- Axios reports OpenAI projects significant advertising revenue growth, reaching $2.5B this year and $100B by 2030. This bullish outlook, driven by projected user growth, could positively influence AI-related stocks and overall market sentiment, reflecting confidence in the AI sector's expansion and monetization potential.
April 9 (Reuters) - ChatGPT maker OpenAI expects to generate $2.5 billion in advertising revenue this year, with projections to reach $100 billion by 2030, Axios reported on Thursday, citing a source familiar with recent presentations to investors.
The company has told investors to expect ad revenue to surge to $11 billion in 2027, $25 billion in 2028 and $53 billion by 2029, based on the assumption that OpenAI's products will reach 2.75 billion weekly users by 2030, the report added.
OpenAI did not immediately respond to a Reuters request for comment on the Axios report.
(Reporting by Deborah Sophia in Bengaluru; Editing by Vijay Kishore)