Reports say OpenAI is targeting nearly $300 billion in annual revenue by 2030, reflecting the rapid expansion of the artificial intelligence market. The projection points to the scale AI-driven businesses could reach as subscription and enterprise adoption expand. If that level of growth proves achievable, some investors argue it could suggest Alphabet Class A (GOOGL), the parent company of Google, is undervalued.
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OpenAI Targets $300 Billion Revenue by 2030
On Feb. 21, an investor on X noted that OpenAI aims to achieve $300 billion in revenue by 2030. He added that if the projection holds, it underscores that the potential of Google’s AI initiatives may be underestimated. He also suggested that Google’s Gemini AI platform could reach similar levels, heating the competition with OpenAI.
OpenAI’s rapid growth is reflected in its annualized revenue, which Chief Financial Officer (CFO) Sarah Friar said topped $20 billion in 2025, up from roughly $6 billion the year prior. It has seen strong momentum from subscription sales of its AI software to both consumers and businesses, while also testing advertising for certain users, creating another revenue avenue.
Beyond these efforts, OpenAI is investing heavily in infrastructure, planning to spend about $600 billion by 2030 to support its AI expansion. The company has stated its intention to commit more than $1.4 trillion to AI infrastructure over the coming years. It is also finalizing a new funding round expected to bring in over $100 billion, bringing the total valuation close to $850 billion.
OpenAI Enterprise Expansion Rivals Google’s AI Initiatives
OpenAI has launched its Frontier Alliance, partnering with consulting giants BCG, McKinsey, Accenture, and Capgemini. The initiative, led by Chief Executive Sam Altman, is designed to help enterprises move beyond small AI pilot projects to full-scale deployment, providing hands-on support for integrating AI into core business processes.
Following the launch, OpenAI’s engineers are working alongside consulting teams to train staff and integrate AI into core workflows, helping clients maintain existing systems while accessing research collaboration. Meanwhile, Google remains a major competitor in enterprise AI, as OpenAI continues to scale its operations.
OpenAI Company Overview
Founded in 2015, OpenAI is a private AI research and deployment company known for platforms like ChatGPT, Gemini, and the Frontier Alliance. Led by Altman, it focuses on building advanced AI tools for both consumers and enterprises. The company has received funding from multiple investors, including Microsoft (MSFT), which has integrated OpenAI’s technology into its products and cloud services. OpenAI is also a strong contender to Gemini AI, which is owned and backed by Google.
Is Google Stock Undervalued?
According to TipRanks’ stock data, GOOGL is currently valued at around $381 per share, with analysts estimating upside of roughly 22% and tagging it as a “Strong Buy” as of writing.
