"OpenAl achieved a financial milestone in the full year of $2023,$ surpassing the one$-$billion$-$dollar mark for the first time and reaching $$1\mathrm{.}6$ billion in revenue. This figure represents a year$-$over$-$year $($YoY$)$ increase of $800\%,$ or eight times, soaring from the $$200$ million recorded in $2022.$ In $2021,$ the company seemingly reported revenues amounting to $$34$ million. Since the commencement of revenue recording, $2020$ is believed to have marked the lowest figure at $$3\mathrm{.}48$ million. Reportedly, OpenAl's initial recorded revenue was in $2016$ at $$13\mathrm{.}81$ million. OpenAl's substantial increase in revenue is closely tied to the success of the company's product, ChatGPT, in the generative Al landscape".

In light of this statement, discuss the important role of diversified revenue streams in OpenAl's financial strategy and evaluate how licensing agreements, commercial partnerships, and API $($Application Programming Interface$)$ offerings can contribute to the organization's financial sustainability and growth.