OpenAI Revenue Exceeds $13 Billion, CEO Dismisses Bankruptcy Concerns

OpenAI is generating significantly more than $13 billion in annual revenue, according to CEO Sam Altman, who also sharply dismissed recent speculation about the company’s financial stability.

Altman’s comments came during a joint interview with Microsoft CEO Satya Nadella on the Bg2 podcast yesterday. When pressed about reports of $13 billion in revenue versus over $1 trillion in committed spending on computing infrastructure, Altman responded, “First of all, we’re doing well more revenue than that.” He then offered to find a buyer for the shares of the podcast host, Brad Gerstner, who expressed interest in investing. Altman added that critics raising concerns about the company’s finances would “be thrilled to buy our shares.”

The CEO acknowledged potential challenges, such as securing sufficient computing resources, but emphasized that revenue is “growing steeply.” He pointed to future growth areas including becoming a major AI cloud provider, a successful consumer device business, and AI-driven scientific automation. Nadella chimed in, stating that OpenAI has “beaten” every business plan presented to Microsoft as an investor. This news arrives as the AI industry continues to rapidly evolve, with companies vying for dominance in the space.

While Altman denied reports of a 2025 initial public offering, stating “We don’t have anything that specific,” he conceded that going public is likely “where things will eventually go.” He countered a suggestion of a 2028 or 2029 IPO with a prediction of 2027.

Both Altman and Nadella indicated that no firm decisions regarding an IPO have been made, but Altman stated he would welcome the opportunity to disprove negative financial predictions through a public offering.