OpenAI Explores Monetization of ChatGPT, Launches AI Video Platform Sora
OpenAI, the world's most valuable unlisted company, is exploring new avenues to monetize its popular AI chatbot, ChatGPT. Despite recent valuation at $500 billion, the company is not yet profitable and is hiring former Facebook employees to help drive ad revenue.
ChatGPT, developed by OpenAI, has become the most famous AI chatbot globally. To diversify its offerings, OpenAI is launching Sora, an AI-generated content platform resembling TikTok. Sora transforms texts into AI-created videos with voices, sounds, and effects, pioneering a new style of short video content.
OpenAI aims to provide personalized news briefings based on users' chat history, utilizing collected user data. Meanwhile, the company is working on a new AI that could potentially surpass human intelligence. Despite charging a $20 monthly subscription for ChatGPT, the service has not generated any revenue yet. Running AI like ChatGPT is expensive, requiring advanced technologies and high electricity costs.
OpenAI's high valuation is a bet on its future potential, with employees selling shares in private deals. By hiring former Facebook employees and exploring advertising and new content platforms, OpenAI seeks to turn its innovative AI technologies into profitable ventures.
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