New numbers from open AI revealing exponential growth.

The darling of generative AI continues to fire on all cylinders,

but can it become more than a chatbot and live up to its now giant expectations.

It's Friday October 13th and welcome to the Tech Check

podcast. I'm Deerterbosa.

And I'm Mark Gilbert, the executive producer of Tack-Chack. Welcome Mark. We are doing something

exciting today. We have relaunched this podcast as an original. So that means that every

day Mark, you and I, we're going to be doing a deeper dive into the biggest

most interesting tech story of the day. I'm excited to do this with you, Deja. You can expect 10 to 15 minutes, contacts more discussion it'll post about noon

Pacific 3 p.m. Eastern every weekday let's get into it today a subject we

promised to cover a lot AI, specifically Open AI, the company, revealing some new numbers.

So the information, this is the latest, reporting that Open AI is now generating revenue at a pace of

1.3 billion dollars a year. That is just a huge amount,

not on its own, but when you put it into context, up 30% from three months ago, Mark.

It was revealed at an internal meeting at the company. Okay, 30%, fine. That doesn't even make you that big, actually. But when you compare it against last year's growth, it's just staggering.

Last year it was 28 million dollars in revenue.

So if they reach 1.3 billion this year, that's growth year over year of more than 4,500 percent. And in a way, Mark, that makes it a little more than

NVIDIA than Microsoft. Explain what I mean by that.

Yeah, I mean we talked about this this morning but the in the sense that invidia is already recording revenue

right and that that's why the market is is rewarding invidia with this huge

run-up is because in video is already

expecting a huge spike in sales tied to its chips tied to AI demand while

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