OpenAI has announced it has surpassed $10 billion in annual recurring revenue, nearly doubling its income from the previous year. The figure includes revenue from its consumer-facing ChatGPT products, business tools, and API services, according to a spokesperson speaking to CNBC.
The company now serves over 500 million weekly active users and 3 million paying business customers. Launched just two and a half years ago, ChatGPT has rapidly become a cornerstone of OpenAI’s growth.
While OpenAI has not disclosed its expenses or profitability status, it is aggressively investing in talent and infrastructure. The company is aiming to reach $125 billion in revenue by 2029.
