OpenAI is targeting a new growth phase with new AI agents, infrastructure and partnerships.
ChatGPT maker OpenAI says it is at the start of a new phase of growth next year. The company recently completed an investment round valued at $150 billion, and the first signs of its own AI agents are also a reality. This combined with proprietary infrastructure, should give the company a growth spurt next year. “We hope to serve a billion consumers around the world,” Sarah Friar, chief financial officer at OpenAI, told the Financial Times.
On the road to growth
OpenAI says it is at the start of a growth phase. With new AI products, building its own data centers and integrating ChatGPT with Apple devices, the company hopes to expand further. “By 2025, we will come into our own, as a research lab serving millions. Hoping it can be billions of consumers around the world,” Friar told the Financial Times.
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The company reached the 200 million weekly users mark this year, which is double the 2023 figure. Moreover, in a recent new round of funding, the company was heading for a $150 billion valuation. In addition, the company already announced that it will publicly release a preview of its own AI agent from January 2025.
Building data centers
To serve billions of consumers, OpenAI will invest in data centers in parts of the midwest and southwest US, says Chris Lehane, OpenAI’s new chief policy officer. OpenAI is not the only company looking to build its own data centers. Other Big Tech companies such as Google and Amazon are working on the same plan.
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For example, Google recently received a permit for a new data center in Farciennes, and Amazon announced that it will expand its capabilities and pump nearly $150 billion into expanding and adding data centers over the next 15 years. “Chips, data and energy are the critical resources needed to succeed in the AI race,” Lehane said.