OpenAI targets $70 billion in annualized revenue by end of 2026

OpenAI expects its annualized revenue run rate to reach or exceed $70 billion by the end of 2026, driven largely by growth in its enterprise segment, according to sources familiar with the matter.

The same sources indicated that the ChatGPT developer's annualized revenue run rate stood at approximately $50 billion at the end of September. The figures were shared with investors in the context of discussions around a new funding round.

Bloomberg reported in September that the company was in talks to raise $30 billion or more at a pre-money valuation of $1.4 trillion.

OpenAI declined to comment. Notably, OpenAI, Anthropic, and other artificial intelligence companies cite annualized revenue run rates as a key growth indicator — though sources caution that these figures are not calculated using a uniform methodology across the industry.