Heavyweight AI startup OpenAI, which is backed by U.S. tech giant Microsoft (MSFT), reached its revenue goal in 2025, achieving more than $20 billion in revenue.
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According to Sarah Friar, the company’s chief financial officer, the startup saw its annual recurring revenue jump tenfold from $2 billion in 2023 to reach over $20 billion last year. This dwarfs the $6 billion OpenAI made in 2024 and might be a step towards CEO Sam Altman’s aim to hit hundreds of billions in revenue by 2030.