SMRTR AIJul 31, 2025PYMNTS

OpenAI Doubles Yearly Revenue to $12 Billion

SMRTR summary

OpenAI's revenue doubled to $12 billion in the first seven months of 2025, with ChatGPT products attracting 700 million weekly active users. The AI startup is seeking $30 billion in funding while increasing its projected cash burn to $8 billion this year. This rapid growth highlights the soaring demand for AI technologies and OpenAI's dominant position in the market.

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