Investments
OpenAI Claims It Reached $10 Billion In Annual Revenue
OpenAI Claims It Reached $10 Billion In Annual Revenue OpenAI has reached $10 billion in annual recurring revenue (ARR), up from $5.5 billion last year, driven by its ChatGPT business products and developer API. The company now serves over 500 million weekly active users and aims to achieve $125 billion in revenue by 2029. OpenAI […]
Technology
US colleges and universities have billions stashed away in endowments − a higher ed finance expert explains what they are
US colleges and universities have billions stashed away in endowments − a higher ed finance expert explains what they are US colleges and universities have billions stashed away in endowments, which are pools of financial investments that produce a revenue stream. The endowments are typically tax-deductible for donors who itemize their tax returns, but some […]
Education