OpenAI Surpasses $10 Billion in Annual Recurring Revenue — TradingView News

OpenAI achieved $10 billion in annual recurring revenue (ARR), an increase from approximately $6 billion last year, driven by ChatGPT subscriptions and API sales. The company’s growth is bolstered by over 3 million paid ChatGPT subscribers and a robust developer API usage. Recently, a $40 billion funding round led by SoftBank valued OpenAI at $300 billion, highlighting investor confidence. CEO Sam Altman reported that the ChatGPT user base surged to over 800 million in weeks, showcasing rapid adoption. OpenAI’s API revenue, which now constitutes about one-third of total ARR, reflects its appeal across sectors like finance, healthcare, and retail. With enterprise clients developing custom AI agents, OpenAI anticipates reaching a $125 billion revenue target by 2029, projecting an average growth rate exceeding 70% annually. This milestone establishes OpenAI as a leader in the AI economy, validating its subscription-plus-API model and signaling potential for significant investor interest despite growing competition.

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