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Stock impact report

OpenAI could generate $25 billion in annual ad revenue by 2030, and that should worry Google, top tech analyst says [Business Insider]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Advertising could be a $25 billion business for OpenAI by 2030, Evercore ISI's Mark Mahaney wrote. OpenAI said Friday that it will start testing ads for some ChatGPT users. A big ads business at OpenAI could present a challenge to Google's search business Advertising could become a $25 billion business for OpenAI — and pose a threat to Google, according to new estimates on Monday from a top tech analyst. Evercore ISI's Mark Mahaney sees the startup generating that level of annual ad revenue by 2030 if it executes well on rolling out this new business. OpenAI said on Friday that free and Go users of ChatGPT would start seeing ads "in the coming weeks." OpenAI also laid out its advertising principles, such as clearly labeling them and not sharing user conversations with advertisers. "A path to generating several billion dollars in ad reve Show less Read more
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