OpenAI’s annual revenue has climbed to $12 billion, with monthly income reaching $1 billion, according to a report by The Information.
The Microsoft-backed group now counts some 700 million weekly users of ChatGPT products across consumer and business segments.
OpenAI has raised its projected cash burn for 2025 to $8 billion, up from an earlier forecast of $7 billion.
The company is currently seeking backers for a second, $30 billion funding round, with major backers such as Sequoia Capital and Tiger Global Management said to be committing hundreds of millions of dollars.
Investors, excluding Japan’s SoftBank, are reportedly close to securing $7.5 billion in commitments for the new round. SoftBank’s total investment has reached $32 billion since last autumn.