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OpenAI profitability surges as annual recurring revenue surges from $25B to $70B

OpenAI’s annual recurring revenue is about to reach $70 billion, due to business customers signing on at roughly twice the rate they did in July.  OpenAI is working to close the revenue gap between its business and Anthropic’s while both labs aim to launch IPOs. Is OpenAI performing better than Anthropic?  OpenAI’s annualized revenue run...

OpenAI profitability surges as annual recurring revenue surges from $25B to $70B