OpenAI’s annualised revenue hits $10 billion, up from $5.5 billion in December 2024

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/openai” target=”_blank”>OpenAI said on Monday that its annualised revenue run rate surged to $10 billion as of June, positioning the company to hit its full-year target amid booming ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ai-adoption” target=”_blank”>AI adoption.

Its projected annual revenue figure, based on current revenue data, which was about $5.5 billion in December 2024, has demonstrated strong growth as the adoption and use of its popular ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/chatgpt” target=”_blank”>ChatGPT artificial-intelligence models continue to rise.

This means OpenAI is on track to achieve its revenue target of $12.7 billion in 2025, which it had shared with investors earlier.

The $10…



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OpenAI’s annualised revenue hits $10 billion, up from $5.5 billion in December 2024


ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/openai” target=”_blank”>OpenAI said on Monday that its annualised revenue run rate surged to $10 billion as of June, positioning the company to hit its full-year target amid booming ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ai-adoption” target=”_blank”>AI adoption.

Its projected annual revenue figure, based on current revenue data, which was about $5.5 billion in December 2024, has demonstrated strong growth as the adoption and use of its popular ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/chatgpt” target=”_blank”>ChatGPT artificial-intelligence models continue to rise.

This means OpenAI is on track to achieve its revenue target of $12.7 billion in 2025, which it had shared with investors earlier.

The $10…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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