OpenAI is projected to generate annualized revenue exceeding $40 billion based on its current performance, according to people familiar with the matter, as the company prepares for an initial public offering. Bloomberg reports that this would roughly double its revenue run rate from the end of 2025.

Separate reporting attributes the momentum to a recent increase in demand for OpenAI’s AI agents and related products. NDTV says usage has picked up in recent weeks, including Codex for coding and ChatGPT Work for broader task handling. Both outlets link the improved revenue outlook to the company’s fundraising and market plans as it approaches a potential Wall Street debut.

While Bloomberg focuses on the scale of the projected run rate and the timing relative to the IPO, NDTV emphasizes product-level demand trends. The sources do not provide additional specifics on financial breakdowns, customer concentrations, or detailed IPO timing.