OpenAI just hit $10 billion in annual recurring revenue, nearly doubling last year’s $5.5 billion haul.
The jump includes cash from ChatGPT consumer and business products, plus its API. The company now serves over 500 million weekly active users and 3 million paying business clients.
This milestone comes about two and a half years after ChatGPT launched. OpenAI aims to hit $125 billion in revenue by 2029. 
The company faces pressure to grow fast. It still burns billions annually on talent and AI infrastructure. OpenAI hasn’t revealed operating costs or if it’s anywhere close to turning a profit.
An OpenAI spokesperson told CNBC:
“That figure includes revenue from the company’s consumer products, ChatGPT business products, and its API.”
