OpenAI says it recently hit $10 billion in annual recurring revenue, up from around $5.5 billion last year.
That figure includes revenue from the company’s consumer products, ChatGPT business products, and its API, an OpenAI spokesperson told CNBC. Currently, OpenAI is serving more than 500 million weekly active users and 3 million paying business customers.
The revenue milestone comes roughly two and a half years after OpenAI launched its popular chatbot platform, ChatGPT. The company is targeting $125 billion in revenue by 2029.
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