OpenAI Expands ChatGPT Advertising to 26 New Countries

OpenAI has announced the expansion of its advertising unit, rolling out ChatGPT Ads to 26 additional countries, including Argentina, Peru, Nigeria, South Africa, and Ukraine. This move brings the total number of nations with access to the ad product to 89. The company clarified that advertisements will be clearly labeled and separate from AI-generated responses to ensure they do not influence prompt answers. The expansion follows rapid financial growth for OpenAI's nascent advertising business, which reached a $1 billion annualized revenue run rate in August, up significantly from $100 million in March. With over 100,000 advertisers already utilizing the platform, OpenAI is positioning ads as a core pillar of its revenue model alongside enterprise contracts and consumer subscriptions as it prepares for a potential public listing around 2027.

By Ashley Capoot · CNBC ·

OpenAI Expands ChatGPT Advertising to 26 New Countries

Tickers: $GOOGL $META

Topics: Advertising Artificial Intelligence Global Expansion Revenue Growth

Read the full article at CNBC

Part of the story OpenAI Expands ChatGPT Advertising to 26 New Countries (3 articles)

More World news