OpenAI’s Revenue Run Rate Tops $40 Billion Ahead of IPO

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OpenAI is on track to generate annualized revenue of more than $40 billion based on its current performance, according to people familiar with the matter, roughly doubling its run rate from the end of 2025 and bolstering the company’s plans for a Wall Street debut. The ChatGPT maker’s revenue has accelerated in recent months, driven in part by the growth of its AI coding software, said the people, who spoke on condition of anonymity as the information is not public. The gains also reflect momentum from subscription sales and its nascent advertising business. Its core consumer business continues to grow, too.  OpenAI declined to comment.  

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• Rachel Metz, Bloomberg News AI Reporter 
• Chris Kennedy, Economic Statecraft Lead for Bloomberg Economics
• Clara Gillispie, Senior Fellow for Climate and Energy at the Council on Foreign Relations 
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