OpenAI touts ads as 'diversified business model' ahead of massive IPO

OpenAI's advertising business has achieved a one billion dollar annual revenue rate. This milestone follows the recent launch of ads within the popular ChatGPT platform. Ads are now available in over forty countries and expanding to new regions. The company is also introducing new ad formats and buying options for advertisers. This move diversifies OpenAI's revenue streams as it prepares for a potential IPO.