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title: OpenAI pitches ChatGPT ads at Cannes as CPM collapses
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# OpenAI pitches ChatGPT ads at Cannes as CPM collapses

**[The Next Web](https://daily.dev/sources/tnw)** · 6 min read · 0 upvotes · 0 comments

## Summary

OpenAI made its Cannes Lions debut pitching ChatGPT as a major advertising platform, led by former Meta executives. The company has attracted thousands of advertisers across travel, retail, health, and finance, and has expanded sponsored links to seven countries. However, its initial $60 CPM dropped to $25 within ten weeks, prompting a shift to cost-per-click pricing. OpenAI projects $100 billion in ad revenue by 2030, requiring roughly 10% of the global digital ad market. Competitors Anthropic and Google are keeping their chatbots ad-free for now. The advertising push is closely tied to OpenAI's IPO plans, as the company spent $34 billion in 2025 against $13 billion in revenue and needs to demonstrate multiple revenue streams to public-market investors. Key unresolved questions include ad format maturity, latency issues, and whether ads inside conversational AI will erode user trust.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/openai-cannes-chatgpt-advertising-business>

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---

Tags: [#llm](https://daily.dev/tags/llm), [#openai](https://daily.dev/tags/openai), [#chatgpt](https://daily.dev/tags/chatgpt)

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