OpenAI Hits $10B Revenue Milestone Amid $5B Losses
OpenAI has crossed $10 billion in annual recurring revenue, marking a staggering ascent since ChatGPT's 2022 debut. The figure captures enterprise subscriptions, API services, and consumer products—though Microsoft licensing fees remain excluded from the total.
Growth comes at a price. The company burned through $5 billion developing infrastructure for its AI models, underscoring the capital intensity of artificial intelligence at scale. Valuation now sits at 30x revenue following a $40 billion funding round.
Ambitions stretch further. Internal targets suggest $125 billion revenue by 2029, with 500 million weekly active users already engaging the platform as of March 2025. The next phase will test whether adoption can outpace the astronomical costs of compute.
