financetom
Business
financetom
/
Business
/
OpenAI's US ad pilot exceeds $100 million in annualized revenue in six weeks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
OpenAI's US ad pilot exceeds $100 million in annualized revenue in six weeks
Mar 26, 2026 3:41 PM

March 26 (Reuters) - OpenAI's ChatGPT ads pilot in the United States has crossed the $100 million annualized revenue mark within six weeks of launch, a company spokesperson said on Thursday, pointing to robust early demand for the AI startup's nascent advertising business.

Sam Altman-led OpenAI had said in January that it would start showing ads in ChatGPT to some U.S. users, ramping up efforts to generate revenue from the AI chatbot to fund the high costs of developing the technology. The ads were to be tested with users on the company's free tier and the lower-priced Go plan.

The ads are separate from the answers generated by ChatGPT and do not influence its outputs. User conversations are not shared with marketers, the company said at the time.

While roughly 85% of users are currently eligible to see ads, fewer than 20% are shown ads daily, with considerable room to grow ad monetization within the existing user pool, the spokesperson said.

"We're seeing no impact on consumer trust metrics, low dismissal rates of ads, and ongoing improvements in the relevance of ads as we learn from feedback," OpenAI said.

The company plans to expand the test globally in additional countries in the coming weeks, including in Australia, New Zealand, and Canada. 

OpenAI has now expanded to over 600 advertisers, with nearly 80% of small- and medium-sized businesses signaling interest in ChatGPT ads, the spokesperson said. 

The ChatGPT maker is set to launch self-serve advertiser capabilities in April to broaden access and drive further growth. 

David Dugan, a former Meta ads executive, was named to lead OpenAI's global advertising solutions team earlier this week.

Analysts said that ads could unlock a significant revenue stream from millions of ChatGPT users, but the move could irk some customers and hurt trust in the product.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Old National Bancorp Prices $400 Million Common Stock Offering
Old National Bancorp Prices $400 Million Common Stock Offering
Nov 25, 2024
08:36 AM EST, 11/25/2024 (MT Newswires) -- Old National Bancorp ( ONB ) said Monday it priced an underwritten public offering of about 19 million common shares at $21 per share for a total of $400 million. The offering is expected to close Tuesday, the company said. The net proceeds are expected to be about $384 million if the underwriters...
BRIEF-TOYO To Acquire Solar Module Manufacturing Facility In Texas
BRIEF-TOYO To Acquire Solar Module Manufacturing Facility In Texas
Nov 25, 2024
Nov 25 (Reuters) - TOYO Co., Ltd ( TOYO ): * TOYO CO., LTD TO ACQUIRE SOLAR MODULE MANUFACTURING FACILITY IN TEXAS * TOYO CO., LTD ( TOYO ) - FACILITY TO EXPAND TO 6.5 GW CAPACITY BY 2029 * TOYO CO., LTD ( TOYO ) - PRODUCTION CAPACITY TO REACH 2.5 GW BY END OF 2025 Source text: Further...
Rigetti Computing Completes $100 Million Stock Offering
Rigetti Computing Completes $100 Million Stock Offering
Nov 25, 2024
08:31 AM EST, 11/25/2024 (MT Newswires) -- Rigetti Computing ( RGTI ) said Monday it completed sales of $100 million worth of its common stock as part of a March 2024 at-the-market equity offering program. The quantum computing-focused tech firm plans to use the funds for general corporate purposes. Rigetti Chief Executive Subodh Kulkarni believes the company has enough cash...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Key Inflation Data
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Key Inflation Data
Nov 25, 2024
08:26 AM EST, 11/25/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.5% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.6% in Monday's premarket activity, ahead of key inflation data due this week. US stock futures were also higher, with S&P 500 Index futures up 0.5%, Dow Jones...
Copyright 2023-2026 - www.financetom.com All Rights Reserved