June 10, 2025 – OpenAI has recently made a major announcement about its financial performance, revealing that its annual recurring revenue has surged to 10billion,markingasubstantialincreasefromthe5.5 billion recorded last year, as reported by CNBC.
According to a spokesperson from OpenAI, this remarkable revenue growth can be primarily attributed to the income generated by its consumer products, commercial offerings of ChatGPT, and its application programming interface (API). The company currently boasts an impressive weekly active user base of over 500 million, along with 3 million paying business customers.
Since the launch of its chatbot platform ChatGPT in early 2023, OpenAI has achieved this significant revenue milestone in just two and a half years. Looking ahead, the company has set ambitious revenue targets for the coming years, aiming to boost its annual revenue to a staggering $125 billion by 2029.
However, OpenAI is not without its challenges. The company is investing billions of dollars annually in recruiting and retaining top talent to support the development of its artificial intelligence products and ensure it has the necessary infrastructure to train and operate sophisticated AI systems. Despite these efforts, OpenAI has not disclosed its operational costs, nor has it clearly indicated whether it is on the verge of achieving profitability.
