(Reuters) – Thrive Capital is investing over $1 billion in OpenAI’s current $6.5 billion fundraising round. They have a unique advantage not offered to other investors. If OpenAI hits its revenue goal, Thrive could invest another $1 billion next year at the same valuation. Moreover, the OpenAI revenue forecast highlights the company’s commitment to innovation and development. #OpenAIRevenueForecast
OpenAI is predicting its revenue will skyrocket to $11.6 billion next year from an estimated $3.7 billion in 2024, the sources said, speaking on condition of anonymity. Losses are expected to be as much as $5 billion this year, depending largely on their spending for computing power that could change, one of the sources added.
The current funding round, structured as convertible debt, is set to close by the end of next week. This round could value OpenAI at $150 billion, solidifying its position as one of the world’s most valuable private companies.
The valuation relies on a complex restructuring that removes control from its non-profit board and eliminates the cap on investor returns. Currently, there is no specific timeline for when this conversion might be completed.
Thrive Capital, which led OpenAI’s previous funding round, is offering $1.2 billion from its fund and a special purpose vehicle. Additionally, other investors in this round include Microsoft, Apple, Nvidia, and Khosla Ventures.
Sources said the others were not given the option for future investment at the current price. If OpenAI’s valuation continues to soar, Thrive could increase its stake next year at a discounted price.
Reuters could not determine the revenue target associated with the option for Thrive, founded by Joshua Kushner. #OpenAIRevenueForecast
Thrive and OpenAI declined to comment.
OpenAI Revenue Forecast: Unlocking Investment Opportunities in AI for 2025
Ultimately, the OpenAI revenue forecast serves as a catalyst for renewed interest in AI investments. As the company prepares for 2025, stakeholders can expect transformative changes. Therefore, those looking to invest should consider the potential benefits of aligning with OpenAI’s vision for the future.
