OpenAI's annualised revenue hits $10 billion, up from $5.5 billion in December 2024
HighlightsOpenAI's annualised revenue run rate reached $10 billion as of June, positioning the company to meet its revenue target of $12.7 billion in 2025 amid increasing artificial intelligence adoption. The projected annual revenue for OpenAI is expected to grow significantly from approximately $5.5 billion in December 2024, following the rising popularity of its ChatGPT artificial intelligence models. Despite a loss of about $5 billion last year, OpenAI's revenue growth surpasses that of competitors, with Anthropic recently achieving $3 billion in annualised revenue from demand for its models.
OpenAI
said on Monday that its annualised revenue run rate surged to $10 billion as of June, positioning the company to hit its full-year target amid booming
AI adoption
.
Its projected annual revenue figure, based on current revenue data, which was about $5.5 billion in December 2024, has demonstrated strong growth as the adoption and use of its popular
ChatGPT
artificial-intelligence models
continue to rise.
This means OpenAI is on track to achieve its revenue target of $12.7 billion in 2025, which it had shared with investors earlier.
The $10 billion figure excludes licensing revenue from OpenAI-backer
Microsoft
and large one-time deals, an OpenAI spokesperson confirmed. The details were first reported by CNBC.
Considering the startup lost about $5 billion last year, OpenAI's revenue milestone shows how far ahead the company is in revenue scale compared to its competitors, which are also benefiting from growing AI adoption.
Anthropic recently crossed $3 billion in annualised revenue on booming demand from code-gen startups using its models.
OpenAI said in March it would raise up to $40 billion in a new funding round led by
SoftBank Group
, at a $300 billion valuation.
In more than two years since it rolled out its ChatGPT chatbot, the company has introduced a bevy of subscription offerings for consumers as well as businesses.
OpenAI had 500 million weekly active users as of the end of this March.
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