OpenAI has announced that its annual recurring revenue has reached $10 billion, more than doubling from approximately $5.5 billion last year.
According to an OpenAI spokesperson, this figure includes revenue from the company’s consumer-facing products, business versions of ChatGPT, and its API (Application Programming Interface). Currently, OpenAI serves over 500 million weekly active users and 3 million paying business customers.
This significant revenue milestone comes just two and a half years after the launch of the company’s popular ChatGPT platform in late 2022. OpenAI plans to accelerate this growth trajectory in the coming years, with the ambitious goal of reaching $125 billion in annual revenue by 2029.
However, the company faces considerable pressure to scale its revenues rapidly. OpenAI reportedly spends billions of dollars each year—primarily on recruiting top-tier talent and building the infrastructure needed to train and operate advanced AI systems. The company has not disclosed its operating costs or how close it is to achieving profitability.
In this context, OpenAI’s $10 billion annual revenue milestone stands as a clear indicator of the commercial potential and rapid growth dynamics of artificial intelligence in the technology sector.
