Reportedly OpenAI has raised $8.3B at a $300B valuation, months ahead of schedule as part of its plan to secure $40B in funding this year; OpenAI ARR at $13B v $10B m/m and expected to reach $20B by end-2025 - NYT

Friday, August 1, 2025 8:03:55 AMEST
- DealBook hears that the company’s annual recurring revenue has soared to $13 billion, up from $10 billion in June — and is projected to surpass $20 billion by the end of the year.
- The number of business users who pay for ChatGPT has reached five million, up from three million just a few months ago

**Reminder: 07/30 OPENAI.IPO Said to reach annualized Rev of $12.0B, increased cash burn projection to ~$8.0B - US press
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