OpenAI is eating into Google Search and growing in enterprise
FROM THE WIRE · FINANCE.YAHOO.COM
In the Loop host Ejaaz Ahamadeen breaks down how OpenAI's (OPAI.PVT) enterprise revenue has overtaken consumer revenue, even as it has begun to eat into Google Search (GOOG). Video Transcript 00:00 Speaker A Now, if you look at Open's publicly stated figures, they hit around $40…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishOpenAI's enterprise revenue growth could erode Google's search share, a factor for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01OpenAI reportedly hit around $40 billion ARR in August.
- 02In August the CFO said enterprise revenue had overtaken consumer revenue for the first time.
- 03The video says 20% of Google search queries are affected by the trend.
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