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OpenAI’s ad business hits $1 billion run rate, but advertisers still unimpressed

OpenAI’s ChatGPT ad business reached a $1 billion annualized run rate in August, seven months after launch, per the Journal. Ads target conversation intent rather than cookies, and new “sponsored agent” formats let users chat directly with branded bots.

Why it matters. Advertisers gain a new intent-based channel to test, but early skepticism over ad placement echoes Facebook’s rocky pre-IPO reception before it became the industry’s second-largest ad platform.

Signal from wsj.com · Alan Murray · read the original.

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