OpenAI Annualized Revenue Tops $40 Billion Ahead of $1 Trillion IPO Push

3-line summary

• OpenAI's annualized revenue has topped $40 billion, roughly double its level at the end of 2025, with President Greg Brockman saying the run rate jumped more than 20% in July alone, according to a Yahoo Finance report.
• Prices for leading US AI models have dropped by almost a quarter since mid-July amid intensifying competition from cheaper Chinese rivals such as DeepSeek and Moonshot, per Silicon Data's token price index cited in the report.
• The figures set up a central test for OpenAI's reported push toward a $1 trillion IPO: whether usage growth can outrun falling prices and heavy compute costs.

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