OpenAI has achieved a significant financial milestone, with its annualized revenue run rate surging to $10 billion as of June 2025, positioning the company to hit its full-year target amid booming adoption of artificial intelligence technologies.
The revenue figure, which excludes licensing revenue from Microsoft and large one-time deals, represents an 82% increase from the $5.5 billion reported in December 2024. This rapid growth trajectory puts OpenAI on pace to achieve its revenue target of $12.7 billion for 2025, a goal previously shared with investors. The company currently serves over 500 million weekly active users and has expanded its business customer base to 3 million paying subscribers.
Earlier this year, OpenAI partnered with SoftBank and Oracle on the ambitious $500 billion Stargate infrastructure program announced by President Trump in January. The joint venture aims to build massive AI data centers across the United States, with an initial deployment of $100 billion. The first of these facilities is already under construction in Texas, with plans to build 20 data centers in total, each spanning half a million square feet.
Simultaneously, OpenAI is making progress on reducing its dependency on external hardware providers. The company is finalizing the design of its first in-house AI chip, which is expected to be sent for fabrication at Taiwan Semiconductor Manufacturing Co (TSMC) in the coming months. If successful, OpenAI aims to begin mass production of the chip in 2026. This strategic move is part of OpenAI's efforts to strengthen its negotiating position with chip suppliers like Nvidia, which currently dominates the AI chip market with an 80% share.
Despite the impressive revenue growth, OpenAI faces significant financial challenges. The company reported a loss of approximately $5 billion in 2024, highlighting the substantial costs associated with developing and operating advanced AI systems. These expenses are driven by the need for massive computing resources, talent acquisition, and infrastructure development.
OpenAI's rapid revenue growth demonstrates the explosive commercial potential of AI technologies, with the company achieving a revenue run rate that few technology companies reach so quickly. This validates the market demand for advanced AI capabilities and positions OpenAI as a leader in the rapidly evolving AI landscape.