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📢 More for the open-source community, less for the Big 3! 📢
Clearly, major AI labs and startups are sleeping in “applied AI” for a robust revenue stream. The annualized generative AI revenue for OpenAI is $3.4bn, while Accenture is at $3.7bn. Major consulting groups are the clear winners:
- Accenture reports record US$64.9 billion revenue for FY2024, generative AI delivers US$3Bn in new bookings ($1,000M in revenues from generative AI in August 2024).
- KPMG International, went from making no money a year ago from generative-A.I.-related work to targeting more than $650 million in 6 months.
- Boston Consulting Group's total revenues climbed just 5% in 2023 to $12.3bn in 2024 (20% of revenues).
- About 40% of McKinsey’s business this year will be generative A.I. (McKinsey's revenue hit $16 billion in 2023)
Should the open-source community be rewarded more than a quote, computing credits, or tiny squares on GitHub? 🔥
Clearly, major AI labs and startups are sleeping in “applied AI” for a robust revenue stream. The annualized generative AI revenue for OpenAI is $3.4bn, while Accenture is at $3.7bn. Major consulting groups are the clear winners:
- Accenture reports record US$64.9 billion revenue for FY2024, generative AI delivers US$3Bn in new bookings ($1,000M in revenues from generative AI in August 2024).
- KPMG International, went from making no money a year ago from generative-A.I.-related work to targeting more than $650 million in 6 months.
- Boston Consulting Group's total revenues climbed just 5% in 2023 to $12.3bn in 2024 (20% of revenues).
- About 40% of McKinsey’s business this year will be generative A.I. (McKinsey's revenue hit $16 billion in 2023)
Should the open-source community be rewarded more than a quote, computing credits, or tiny squares on GitHub? 🔥
