At the same time, there’s a burgeoning local AI movement, consisting of small developers and tinkerers who want to work on AI on their own computers for a combination of cost, privacy and convenience reasons. There’s even a belief among libertarian-minded developers that local AI gives them a way to ensure governments can’t take away their access to the technology. Autonomous agent platforms like OpenClaw, which can perform complex tasks with users’ local apps and files, have also contributed to the rise of the movement.
The quasi-revenue numbers for OpenAI that got wide circulation last week were off— way off. Instead of $70 billion in annualized revenue, as we and others reported, OpenAI is generating closer to $50 billion in annualized revenue (sometimes shortened to ARR).