Published: June 11, 2025, 01:58 PM
OpenAI said on Monday that its annualized 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 (MSFT.O), opens new tab and large one-time deals, an OpenAI spokesperson confirmed.
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 annualized 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 (9984.T), opens new tab, 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.
