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Shelly Palmer - OpenAI hits 300 million weekly active users

Shelly Palmer has been named LinkedIn’s “Top Voice in Technology,” and writes a popular daily business blog.
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Sam Altman's ambition is to get to a billion by next year.

OpenAI’s user base has surged to an impressive 300 million weekly active users, CEO Sam Altman revealed at The New York Times DealBook Summit. His ambition is to get to a billion by next year.

To drive adoption, OpenAI is investing in product innovation. Today (December 5) is the first day of what Altman called "the twelve days of shipmas," where OpenAI will introduce new products daily for the next 12 days. This should include Sora, the company's text-to-video AI model. The company is also investing in marketing, hiring Coinbase’s Kate Rouch as its first CMO.

Altman also addressed reports of exclusivity clauses with investors, clarifying that OpenAI restricts competitors from accessing proprietary materials like its roadmap, not from receiving funding.

With $13 billion raised, a $6.6 billion round closed in October, and a $4 billion credit line, OpenAI’s momentum shows no signs of slowing. Additionally, the company opened a $1.5 billion tender offer to SoftBank, further fueling its expansion ambitions.

As OpenAI scales, its competition intensifies (Amazon's Nova, Google's Gemini, Anthropic's Claude, XAI's Grok, Mistral, and Llama to name a few). But, IMHO, OpenAI is the best-in-class right now.

As always your thoughts and comments are both welcome and encouraged. Just reply to this email. -s

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ABOUT SHELLY PALMER

 

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com

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