OpenAI reportedly targets $70B annualized revenue by end of 2026
- OpenAI (OPENAI) is said to be expecting to reach or exceed $70B in annualized revenue by the end of the year, driven largely by growth in its enterprise business.
- The ChatGPT-maker’s annualized revenue was roughly $50 billion at the end of September, according to a Bloomberg News report.
- The figure represents a projection of the startup's yearly sales based on a shorter period. The company shared the numbers with investors as part of discussions for its latest fundraising effort, the report said.
- OpenAI (OPENAI) is in talks to raise $30B or more at a $1.4T valuation before the new money.
- OpenAI's rival Anthropic (ANTHRO) reported a net loss of $42B in 2025 and plans to spend $518B on cloud, computing, and infrastructure obligations in coming years, Reuters reported on Monday. Anthropic's revenue grew 12-fold to nearly $4.6B in 2025.
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