OpenAI approaches a $70 billion annualized revenue rate, climbing about 70 percent since the beginning of the third quarter. Axios initially reported this financial milestone. The annualized revenue rate metric projects current monthly revenue across a full year.
Rival Anthropic approaches similar scale
Anthropic reportedly surpassed a $65 billion rate in July. Anthropic may now match or exceed OpenAI financially. Anthropic also prepares for an initial public offering as early as November.
Enterprise sales fuel the growth of OpenAI. An aggressive price war against Claude and Chinese models also drives the expansion. OpenAI intensified this strategy by launching GPT-6.1-Sol.
Read nextModal Labs Nears $750 Million Funding Round at $15.75 Billion ValuationUsage numbers highlight massive adoption
The Codex coding assistant expands rapidly alongside the popularity of the GPT-6 model family. OpenAI revealed updated usage statistics during DevDay. ChatGPT now reaches more than 1.2 billion people every week.
ChatGPT Work and Codex claim over 35 million weekly users. OpenAI products serve 2.5 million businesses overall. Questions remain about whether incoming revenue can cover massive data center expenses.
