OpenAI Revenue Surges to $10B Amid AI Product Demand

OpenAI has doubled its annual revenue from $5.5 billion to $10 billion, driven by robust demand for its AI products, including ChatGPT and enterprise tools. ChatGPT Plus subscriptions are the primary revenue driver, projected to generate $8 billion by 2025. Enterprise adoption of business tools has grown significantly, with 3 million paying companies now using OpenAI's API, accounting for a third of total annual recurring revenue.

Microsoft's earnings may surpass OpenAI's $10 billion figure, as the latter excludes licensing deals and large one-time contracts. Weekly active users of OpenAI's products have reached 500 million, with ChatGPT alone attracting between 800 million and 1 billion users globally by mid-2025.

Plans to introduce new pricing models and premium features in 2026 aim to monetize free users, potentially boosting annual revenue tenfold. OpenAI targets $125 billion in revenue by 2029, with new strategies expected to add $25 billion annually, securing long-term growth and profitability.