New models and developer products announced at DevDay

The Rundown: OpenAI's ChatGPT has reportedly hit a new milestone with 20M paid subscribers, driving the company's revenue to an estimated $5B annual run rate — coming on the heels of a $40B round and the virality of GPT 4o’s image generation.

The details:

Monthly revenue has surged 30% in three months to approximately $415M, with premium subscription... See more

Image gen is now available in the API! We’re launching gpt-image-1, making ChatGPT’s powerful image generation capabilities available to developers worldwide starting today. ✅ More accurate, high fidelity images 🎨 Diverse visual styles ✏️ Precise image editing 🌎 Rich world https://t.co/ndC3hIpSlX