OpenAI Projects Significant Revenue Growth with AI Agency and New Products

Author's Avatar
2 days ago

OpenAI forecasts that by 2029, its AI agency business will generate $29 billion in revenue, accounting for nearly a quarter of its total income. This is a significant increase from the current $3 billion. The company anticipates total revenue to reach $125 billion by 2029 and $174 billion by 2030, driven by the rapid expansion of AI agency services and new product lines.

In 2023, OpenAI's revenue reached $3.7 billion, a nearly fourfold increase from the previous year, with over 500 million weekly active users. OpenAI is exploring diverse revenue streams beyond traditional subscription fees, including potential promotional fees from sales initiated through its AI tools. By 2029, it expects channel income to hit $25 billion, about one-fifth of total revenue.

OpenAI plans to control costs, projecting positive cash flow by 2029 with a gross profit margin of 70%. Despite expected operational costs of $46 billion over four years, the company aims to significantly increase its user base, projecting 3 billion monthly active users by 2030.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.