Daily limit: 0/10
OpenAI Reaches $10 Billion Annual Recurring Revenue Driven By AI Products And Services
SOLD
National
See Similar DealsSOLD
OpenAI Reaches $10 Billion Annual Recurring Revenue Driven By AI Products And Services
Summary
Transaction Type:Sale
OpenAI has announced reaching an annual recurring revenue (ARR) of $10 billion, an increase from $5.5 billion reported the previous year. This significant growth is attributed to its consumer products, ChatGPT business offerings, and its API, which collectively serve over 500 million weekly active users and 3 million paying business customers.
Summary of transaction details:
- Deal Type: Revenue milestone
- Transaction Amount: $10,000,000,000
- Headquarters: Not specified
Founded by Sam Altman, OpenAI aims to achieve $125 billion in revenue by 2029. The company has experienced rapid expansion following the launch of ChatGPT just two and a half years ago and is under pressure to scale its revenue to fund its AI development and related infrastructure needs.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
Is there something missing? Send suggestions