Source: OpenAI's monthly revenue grew ~2x in the first seven months of 2025, hitting $12B in annualized revenue; the company's 2025 revenue projection is $12.7B
OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualized revenue, according to a person who spoke to OpenAI executives.
Doesn't mean they are on track to hit $12.7bn. — Even if OpenAI was at $10bn ARR (reported as their May 2025 revenue, so $833m) every single month of the year they'd have only made $4.16bn through May. Even if they had $12bn ARR ($1bn/m) June and July, they'd be at $6.16bn, wit…
@theinformation reports that OpenAI has hit $12B in runrate revenue, also reports the number of other AI startups. These startups alone make enough revenue to hit 20% of my rough estimate of “breakeven AI revenue”, the revenue necessary for GPU buyers to hit breakeven ROIC.