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OpenAI's CFO says it's 'definitely possible' it will triple revenue in 2025

Feb 21, 2025 - businessinsider.com
OpenAI's CFO, Sarah Friar, expressed optimism about the company's financial future, stating that reaching $11 billion in revenue by 2025 is feasible. OpenAI achieved $1 billion in revenue in 2023 and is projected to reach $3.7 billion in 2024. Despite increasing competition, OpenAI's weekly active users have grown by 33% since December, reaching 400 million. The company is in discussions with SoftBank for a $40 billion investment, potentially valuing OpenAI at $300 billion. Friar emphasized that the AI industry is not yet a commodity due to frequent innovations and product launches.

OpenAI continues to expand its offerings, including the international rollout of its Operator AI agent for ChatGPT Pro subscribers. However, the company faces financial challenges, with projected losses of $5 billion in 2024. Additionally, OpenAI recently rejected a $97.4 billion takeover bid from Elon Musk. Despite these challenges, Friar remains confident in OpenAI's growth potential and its ability to achieve high valuations based on its growth rate and scale.

Key takeaways:

  • OpenAI's CFO, Sarah Friar, stated that $11 billion in revenue is possible for 2025, with a significant increase from $1 billion in 2023 to a projected $3.7 billion in 2024.
  • OpenAI's weekly active users have increased by 33% since December, reaching 400 million, despite rising competition.
  • OpenAI is in discussions with SoftBank for a $40 billion investment, potentially valuing the company at $300 billion.
  • Despite revenue growth, OpenAI is facing significant financial losses, with a projected $5 billion loss in 2024, and has rejected a $97.4 billion takeover bid from Elon Musk.
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