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OpenAI hits $10 billion in annual recurring revenue fueled by ChatGPT growth

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The milestone comes roughly two and a half years after the company launched its ChatGPT chatbot.

For all of last year , OpenAI was around $5.5 billion in ARR .

The San Francisco -based startup lost about $5 billion last year .

OpenAI is also targeting $125 billion in revenue by 2029 , a source says.