Less than three years after debuting ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/chatgpt” target=”_blank”>ChatGPT, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/openai” target=”_blank”>OpenAI has reached $10 billion in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/annual-recurring-revenue” target=”_blank”>annual recurring revenue (ARR), and is targeting $125 billion by 2029.
$10 billion ARR puts OpenAI in the same league as major public SaaS companies—but at warp speed. This figure includes sales from the company’s consumer products, ChatGPT business products and its application programming interface, CNBC reported.
However, this figure excludes the revenue from existing deal with Microsoft. ET reported in May that OpenAI has agreed to share 20% of its revenue with ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/microsoft”…
