Finance

ChatGPT’s Potential Value estimated at $29 Billion as Investors Talk About Possible IPO

ChatGPT’s Potential Value estimated at $29 Billion as Investors Talk About Possible IPO
Tuesday, 02 May 2023 17:54

Amid speculation about an IPO, the potential value of ChatGPT, the collaborative AI language tool developed by OpenAI, is estimated at $29 billion. According to several unofficial reports, the advanced language model could attract investors and achieve high valuations.

Investors have already acquired some of ChatGPT's shares for $300 million, which has led to valuations ranging from $27 billion to $29 billion. As the tool continues to be adopted by professionals and individuals, investors are already assessing its potential value if it were to go public.

Built on the GPT-4 architecture, ChatGPT has become a dominant player in the AI landscape, offering users capabilities in natural language processing and understanding. Since its creation, ChatGPT has disrupted various sectors, including content creation, customer service, and language translation, to name a few. Its widespread adoption has generated increasing interest in the commercial prospects of OpenAI.

In addition to its growing necessity, OpenAI has already formed partnerships with major companies such as Microsoft, Google, and Amazon, thereby strengthening its position in the market. However, it is difficult to predict the final value of the company. While Alphabet (Google) has become one of the world's most valuable companies, Zoom Video Communications, which revolutionized remote work during the COVID-19 pandemic, is currently trading at $61.2, a price lower than its IPO value (just over $62) after reaching a record high of $559 in November 2020.

ChatGPT is impressive, but still faces some challenges. Partnerships with Microsoft and Google have put it in competition with these two major players in digital communication, who have launched their own AI dialogue platforms. In some countries, the platform also faces regulatory constraints, particularly regarding privacy concerns.

Finally, although the responses provided by the platform are constantly improving, they can sometimes be confusing for inexperienced users. Meanwhile, in a December article, Reuters added to the speculation, stating that according to people its journalists spoke with, OpenAI could generate revenues estimated at $200 million in 2023 and $1 billion in 2024.

On the same topic
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector could grow to $20 bln annually and create 20 mln...
• BRICS plans a guarantee fund to reduce political and financial risks in developing countries.• The fund will be managed by the New Development Bank...
BEAC granted Afreximbank the first-ever foreign access to the CEMAC public securities market. Cameroon raised $359.3 million via a...
(EBID) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 92nd Ordinary Session on June 30, 2025. The Board...
Most Read
01

• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...

Coffee: Global Consumption Expected to Reach Record Level in 2025/2026
02

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
03

• BOAD releases CFA10 billion ($17.8 million) to support Boungou and Wahgnion gold mines.• Burkina F...

BOAD Grants CFA10 Billion to Revive Boungou and Wahgnion Gold Mines in Burkina Faso
04

Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...

Côte d’Ivoire’s Fuel Price Cuts Haven’t Slashed Transport Costs–Yet
05

• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société ...

Burkina Faso: Vista Group Acquires Controlling Stake in Société Générale
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.