OpenAI Revenue Run Rate Nears $70 Billion

OpenAI’s annualized revenue run rate approached $70 billion on Sept. 29, 2026, after growth of more than 70% since the start of the third quarter and a doubling of enterprise sales since July, while reports described preliminary funding talks.

OpenAI Revenue Surge and Funding Outlook

OpenAI’s reported annualized revenue run rate neared $70 billion, reflecting rapid commercial adoption of its models. The figure represents an annualization of recent revenue performance rather than recognized revenue for a completed reporting period. Enterprise or business-to-business sales more than doubled since July, increasing by over 100%, while overall revenue grew more than 70% since the beginning of the third quarter. Consumer revenue also expanded, with more added in the third quarter than during all of 2025. OpenAI remains privately held and has not disclosed audited financial statements, expenses, or profitability.

Bloomberg reported that OpenAI is seeking at least $30 billion in new funding at an approximate $1.4 trillion valuation. The discussions are preliminary and described as a bridge round to provide capital in place of an initial public offering. OpenAI most recently raised $122 billion in March at an $852 billion valuation.

Market commentary has linked OpenAI’s growth to vendors supplying cloud and infrastructure services, including Oracle. However, no new Oracle filing, press release, contract announcement, or official statement quantifies the commercial impact of OpenAI’s growth on Oracle. Confirmation of any vendor commitments or revenue effects requires disclosures from Oracle or OpenAI.

OpenAI’s reported revenue run rate and funding plans highlight its rapid expansion and significant private capital interest, though the absence of audited financial data limits full assessment of its financial position.