OpenAI's revenue run rate tops $40 billion, per Bloomberg

OpenAI is now on an annualized revenue pace of more than $40 billion, roughly double its level at the end of 2025, Bloomberg reports. The outlet's sources spoke anonymously because the figures aren't public.

Growth picked up over the past few months on the back of AI coding tools, subscription sales, and an advertising business still in its early stages. The consumer side is growing too.

The numbers land as OpenAI preps for a public listing. Ahead of it, the company bought back roughly $7 billion in employee shares at an $852 billion valuation.