OpenAI's 350 Million Users and Tripled Revenue Project $100 Billion by 2029

Sep 28, 2024, 05:42 AM

OpenAI is experiencing rapid growth, with its monthly active users reaching 350 million as of June 2024, up from around 100 million in March. According to documents obtained by The New York Times, OpenAI's revenue in August more than tripled from a year ago. The company has over 10 million active subscribers, and its subscription fee is set to increase to $2 by the end of the year, scaling up to $44 by 2029. OpenAI's projected yearly revenue by 2029 is expected to hit $100 billion. The company also reported $3.7 billion in annual revenue for 2024 and a monthly recurring revenue of $300 million. The huge user growth followed the introduction of anonymous login.