[Silicon Valley, USA] “OpenAI, the fastest growing company in Silicon Valley history… Estimated annual sales of $4-5 billion”
“The change we will witness in four years will be greater than what 99% of people experience in their lifetimes.”
On the 10th, Brad Gerstner, the legendary Silicon Valley investor and CEO of Altimeter Capital, presented his vision for the future of the AI revolution at the UKF 2025 Startup Summit. Well-known as the investor who led the restructuring of Meta (formerly Facebook), he leads Altimeter Capital with assets of over $10 billion.
CEO Gerstner predicted that AI will become a new technological revolution that surpasses the internet and mobile.
“In the early days of the Internet, there were less than 50 million broadband Internet users. Now, more than 3 billion people have supercomputers in their pockets. This infrastructure is the foundation for the AI revolution.”
He emphasized the explosive growth of OpenAI. “As of the end of last year, OpenAI’s revenue is estimated to have reached 4 to 5 billion dollars. This is the fastest growth rate in the history of Silicon Valley.” He predicted that the pace of AI technology development will accelerate even more in 2025 than in 2023 or 2024.
CEO Gerstner analyzed that market reorganization is inevitable as the cost of developing AI frontier models is rapidly increasing.
“To participate in the development of frontier models today, you need a business model that can generate $5 billion to $15 billion in revenue. That’s a tough hurdle for most startups.”
He explained the competitive landscape of the AI era by saying, “It is desirable to have four to five strong competitors,” and “A competitive landscape where OpenAI stimulates Google and Meta, and Elon Musk stimulates OpenAI, will be beneficial to the entire ecosystem.”
However, he also expressed concern about the social changes that AI will bring. He explained, “Elon Musk predicted that within 3 to 4 years, AI will perform all human cognitive tasks. This could lead to a large-scale replacement of labor, which could cause social chaos.”
In his 2025 outlook, CEO Gerstner emphasized, “Many people are concerned about an AI bubble, but we may be underestimating the potential of AI.” He added, “The pace of technological advancement is accelerating at an unprecedented rate, and its impact will be even greater.”
Meanwhile, Altimeter Capital is also investing in Korean companies such as SK Hynix and Coupang, and CEO Gerstner showed continued interest in the Korean market, saying, “Korea is a key strategic and technological partner for the United States.”
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