OpenAI, based in San Francisco, is anticipated to more than triple its revenue to $12.7 billion in 2025, primarily driven by the success of its paid artificial intelligence software, as per a source familiar with the company’s operations.
According to the source, the company recorded $3.7 billion in revenue in the previous year and foresees a rapid growth trajectory, with revenue projected to more than double to $29.4 billion the following year.
Over the past two years, OpenAI has expanded its offerings by introducing various subscription services tailored for both individual consumers and businesses. The introduction of ChatGPT chatbot marked the beginning of this diversification.
Last September, OpenAI disclosed reaching 1 million paid users for the enterprise versions of ChatGPT. Moreover, a premium subscription option, ChatGPT Pro, priced at $200 per month, was recently added, granting access to the cutting-edge AI models. The company is also contemplating pricing some of its AI products at a monthly cost in the thousands.
Despite the ambitious revenue targets, OpenAI is bound to encounter stiff competition in the market in 2025. Chinese tech powerhouses like Alibaba, Baidu, and Tencent are rapidly enhancing their models, leveraging tools like DeepSeek, an open-source model known for significantly reducing costs in contrast to OpenAI.