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Scoop: OpenAI's annual recurring revenue nears $70B

Photo: Axios

What happened

OpenAI's annual recurring revenue is nearing $70 billion, as enterprise sales more than doubled since July, sources familiar with the financials tell Axios. Why it matters: Rival Anthropic has owned enterprise AI adoption, but OpenAI has been catching up. By the numbers: OpenAI's annualized revenue run rate has grown more than 70% since the beginning of the third quarter, reaching almost $70 billion. Its business-to…

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