OpenAI has doubled its revenue in the first seven months of 2025, hitting an annualized run rate of $12 billion, according to a report.
The sharp rise in revenue indicates the company is now earning close to $1 billion each month, a clear sign of how rapidly interest in generative AI is growing among everyday users and businesses alike. ChatGPT, OpenAI’s flagship product, is currently used by an estimated 700 million people each week, reflecting widespread adoption that spans casual users to large corporations integrating the technology into their workflows.
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OpenAI, which is backed by Microsoft, is now expecting to spend around $8 billion in 2025 which is about a billion more than it had estimated earlier this year, according to The Information. The company is also actively securing investors for the next $30 billion chunk of its funding round. Major backers like Sequoia Capital and Tiger Global are reportedly pouring in hundreds of millions to support the expansion.
According to the report, investors apart from Japan’s SoftBank are nearing a deal to commit $7.5 billion to the next phase of OpenAI’s funding round. SoftBank itself has already agreed to invest a total of $32 billion in the company since it first backed OpenAI in late 2024.
OpenAI is steadily expanding its footprint, not just by building smarter tools in-house but also by supporting a new generation of startups that are using AI to rethink how industries work. While ChatGPT is still what most people associate with the company, OpenAI’s focus goes much deeper. It’s currently developing more capable versions of its language models, with improvements in reasoning, speed, and reliability all on the roadmap.
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On the business front, OpenAI is putting more energy into its enterprise products like ChatGPT Team and Enterprise, which are catching on across industries ranging from healthcare and finance to education and tech services. Much of this momentum is backed by its close collaboration with Microsoft, whose Azure cloud powers a lot of the computing behind OpenAI’s products.
Beyond its own work, OpenAI is also channeling resources into AI-driven startups through its investments, funded in part by Microsoft. These include Harvey, which is reimagining legal workflows with AI; 1X Technologies, which is building robots; Figure, a player in financial technology; Descript, focused on AI-based content tools; and Cursor, designed to help developers code faster and smarter.
With a dual strategy of internal innovation and strategic investment, OpenAI is carving out a central role in shaping how AI will be used across everyday life and business.