The projected annual revenue, derived from current figures—approximately $5.5 billion in December 2024—reflects significant growth as the use of its widely popular ChatGPT AI models continues to expand.
This indicates that OpenAI is well on track to achieve its revenue goal of $12.7 billion in 2025, previously disclosed to investors.
The $10 billion figure does not include licensing revenues from Microsoft, one of OpenAI’s backers, nor significant one-off deals, as confirmed by an OpenAI spokesperson. CNBC was the first to report these details.
Given that the startup incurred losses of around $5 billion last year, this revenue milestone highlights how advanced OpenAI is in terms of revenue scale compared to its rivals, who are also reaping the benefits of increasing AI adoption.
Anthropic recently surpassed $3 billion in annualised revenue driven by heightened demand from code generation startups utilizing its models.
In March, OpenAI stated it aimed to secure up to $40 billion in a new funding round led by SoftBank Group at a valuation of $300 billion.
In just over two years since launching its ChatGPT chatbot, the company has rolled out numerous subscription offerings for both consumers and businesses.
As of the end of March, OpenAI reported 500 million weekly active users.
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