OpenAI’s Revenue Could Reach $100 Billion in 2027, Altman Suggests
OpenAI’s revenue could reach $100 billion in 2027, Sam Altman said on a podcast published Friday with Altimeter Capital and OpenAI investor Brad Gerstner.
Altman said the ChatGPT maker was already “doing well more revenue,” than $13 billion, an apparent reference to its annualized pace, which had reached $12 billion in July.
OpenAI has projected generating $13 billion in total revenue this year. It also previously forecast generating $100 billion in total revenue in 2028. Altman’s comments on the podcast suggest the company could reach those milestones more quickly than it previously anticipated.
The OpenAI CEO said the company didn’t have a time frame for an initial public offering, and he dismissed critics who doubted the company would be able to pay for the $1.4 trillion OpenAI has committed to spend on computing capacity.
He also envisioned a time when “we will make an incredible consumer device that can run a GPT-5 or GPT-6 capable model completely locally.”