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OpenAI’s ChatGPT ad business hits $1 billion run rate

Reuters reports that OpenAI said its ChatGPT Ads business has reached a $1 billion annualized revenue run rate, and expanded Ads Manager to India, Europe, the Middle East and North Africa.

Why it matters. An Emarketer analyst says the pace falls well short of OpenAI’s own advertising goal, raising pressure on the company to accelerate ad growth ahead of a planned IPO.

Signal from reuters.com · read the original.

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