Microsoft-backed OpenAI has doubled its annual recurring revenue (ARR) from $5.5 billion in December 2024 to $10 billion by ...

STORY: Business is booming at OpenAI. The ChatGPT maker said Monday that revenue had hit an annual rate of $10 billion as of June. That excludes large one-time deals, and licensing payments by major ...

OpenAI has hit $10 billion in annual recurring revenue less than three years after launching its popular ChatGPT chatbot.

The launch of ChatGPT has heralded a new era for artificial intelligence, propelling OpenAI to unprecedented financial ...

The growth is remarkable given that only 18 months ago, OpenAI’s annual recurring revenue hit $1.6 billion and it has been ...

TOKYO (Reuters) -OpenAI Chief Executive Sam Altman said on Monday he is considering opening an office and expanding services in Japan after a meeting with Japan’s prime minister. Prime Minister ...

CNBC quotes an unnamed company source that the $10bn ARR is almost double that of $5.5bn in December last year ...

OpenAI’s chief strategy officer is traveling around Asia Pacific talking to governments and investors about building Stargate ...

"Regardless of the entity servicing the demand, we believe 5GW of US demand from OpenAI training positions the industry for ...

The launch of Stargate, an apparent $500bn project to build data centres in the US, was hailed by President Donald Trump in January as “the largest AI infrastructure project by far in history”.

Apple’s Worldwide Developers Conference (WWDC) event that began on Monday was highly-anticipated by investment analysts, tech ...