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Investing.com-- OpenAI’s annual revenue just about doubled in the first seven months of 2025, reaching $12 billion in annualized revenue, although costs were also seen rising, The Information reported on Wednesday.
The figure implied OpenAI was generating $1 billion a month, as weekly active users for its ChatGPT suite surged to about 700 million, the report said, citing a source.
But the artificial intelligence startup also hiked its cash burn projection to $8 billion in 2025, up $1 billion from earlier projections.
The Microsoft-backed startup is lining up investors for the second $30 billion of a recent funding round, The Information reported, with Sequoia Capital and Tiger Global Management investing hundreds of millions in the round.
OpenAI is gearing up to release its GPT-5 AI model in the first week of August, which is expected to be the most advanced model by the company.
The start-up largely kicked off the ongoing AI race with the release of its ChatGPT platform in late-2022, which was one of the fastest growing apps of all time.