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ChatGPT maker OpenAI’s revenue run rate tops US$40 billion ahead of IPO

This roughly doubles its run rate from end-2025 and bolsters its Wall Street debut plans

businesstimes.com.sg ·

OpenAI, the creator of ChatGPT, is projected to generate annualized revenue exceeding US$40 billion, according to sources familiar with the matter. This marks a significant doubling of its revenue run rate from the end of 2025, when the company reportedly reached over US$20 billion in annualized revenue. The surge in revenue can be attributed to the growth of OpenAI's artificial intelligence coding software, as well as increased subscription sales and the nascent advertising business.

The company's core consumer business is also experiencing growth. OpenAI is currently engaged in a competitive race with Anthropic, another AI firm, to secure more business customers. While both companies have filed confidential paperwork for an initial public offering, Anthropic is anticipated to launch its IPO sooner, potentially this fall, ahead of OpenAI.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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·hani.co.kr

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