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OpenAI's Annualized Revenue Nears $70 Billion Amid Surging Adoption

Moneycontrol•29-09-2026, 20:54

•OpenAI is projected to achieve nearly $70 billion in annualized revenue, driven by increased business and consumer adoption, according to Axios.
•This new projection significantly surpasses the previously reported $40 billion annualized revenue pace from August.
•The growth is partly attributed to the success of OpenAI's AI coding software.
•OpenAI is in intense competition with Anthropic PBC for business customers.
•While Anthropic is expected to IPO this fall, OpenAI has postponed its IPO plans for this year to address safety concerns.

OpenAI's annualized revenue is nearing $70 billion, driven by strong consumer and business adoption alongside the growth of its AI coding software.

OpenAI has stated it no longer expects to go public this year because it is focusing on addressing safety concerns related to its technology.

OpenAI is locked in a fierce battle with its longtime rival Anthropic PBC to secure more business customers.