OpenAI CFO tells shareholders enterprise revenue has overtaken ChatGPT

OpenAI’s enterprise business now generates more revenue than its consumer business, finance chief Sarah Friar told shareholders on Friday, months earlier than the company had forecast. Its annualised run rate has reached $40bn, roughly double a year ago.

OpenAI now makes more money from businesses than from ChatGPT subscribers. Finance chief Sarah Friar told shareholders on Friday that the two lines have crossed, according to a person at the meeting. “We entered the year at 60-40, but enterprise has accelerated much faster than expected,” she said.

That is early. Friar had said earlier this year that the two sides of the business would reach parity by the end of 2026.

The underlying numbers are moving quickly. OpenAI’s annualised run rate has reached $40bn, roughly double a year ago, and July revenue rose 20% month on month, with business customers up 32%.

More interesting is what enterprise buyers have...

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