Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » Sam Altman conducts large-scale OpenAI roadshow
    Altman-roadshow
    Altman-roadshow
    AI

    Sam Altman conducts large-scale OpenAI roadshow

    By Chloe ChenApril 15, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • OpenAI conducted product roadshows in major cities, attracting executives from Fortune 500 companies.
    • They showcased ChatGPT’s capabilities and emphasised benefits for enterprise clients.
    • Despite past challenges, OpenAI’s revenue is rapidly increasing, with significant interest in their products from various industries.

    In the first two weeks of this month, OpenAI held multiple product roadshows in San Francisco, New York, and London, with each event drawing ‘at least 100’ executives from Fortune 500 companies. During these roadshows, CEO Sam Altman and COO Brad Lightcap conducted live product demonstrations, including simple text generation, integrating customer apps with OpenAI’s API, and the recently discussed ‘text-to-video’ model.

    Also read: Artists vs AI: Who will win the copyright fight of the century?

    Also read: Sora won’t replace humans, and here’s why

    92% of Fortune 500 companies have adopted the consumer version of ChatGPT

    When engaging with potential clients from the finance, healthcare, and energy industries, OpenAI executives emphasised a range of applications such as call centre management and translation, highlighting that 92% of Fortune 500 companies have adopted their consumer version of ChatGPT. However, potential clients posed critical questions, such as why they should purchase ChatGPT Enterprise when they are already Microsoft Azure customers.

    In response, Altman and Lightcap highlighted the benefits of purchasing ChatGPT Enterprise, including direct collaboration with the OpenAI team, access to the latest models, and opportunities for customised AI products. OpenAI measures its revenue growth uniquely using an annualised revenue rate, which reached $2 billion in December last year, indicating the company’s potential to achieve $1 billion in revenue within ten years of its founding, particularly after its revenue rate reached $1.3 billion in October last year.

    OpenAI’s revenue continues to grow strongly

    Despite internal turmoil in November last year, OpenAI’s revenue continues to grow strongly. Lightcap revealed last week that over 600,000 people have registered for ChatGPT’s enterprise and team editions, a significant increase from 150,000 in January. Subscription pricing for individual users is $20 per month, while team users are charged $25 per person per month. The pricing for the enterprise edition is generally based on inquiry, but multiple sources suggest it is approximately $50-60 per account per month.

    In addition to ChatGPT, OpenAI is actively promoting its Sora video production tool to Hollywood producers, with two ‘major Hollywood production companies’ already seeking early access to the program, despite industry scepticism about the training data and reliability of Sora.

    Altman roadshow
    Chloe Chen

    Chloe Chen is a junior writer at BTW Media. She graduated from the London School of Economics and Political Science (LSE) and had various working experiences in the finance and fintech industry. Send tips to c.chen@btw.media.

    Related Posts

    Türkiye blocks Grok AI chatbot in new crackdown

    July 10, 2025

    CoreWeave acquires Core Scientific in $9bn AI infrastructure deal

    July 9, 2025

    Prestabist: Advances AI commerce tools across Africa

    July 9, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.