OpenAI expects to 3X revenue in 2025 but Chinese AI firms are heating up

OpenAI expects revenue to reach $12.7 billion this year, driven by its paid AI subscription offerings — but Chinese AI rivals are spinning up in droves.

OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress.

The ChatGPT creators also expect its revenue target for 2025 to more than double to $29.4 billion by 2026, Bloomberg reported on March 26, citing a person familiar with the matter.

The 2025 estimate is a little higher than the $11.6 billion revenue target that OpenAI was reportedly eyeing for 2025, The New York Times reported last September.

Read more