OpenAI’s annualized recurring revenue is nearing $70 billion, Axios reports, citing unnamed people familiar with the matter. The figure is based on the company’s current performance and is described as a measure of recurring revenue rather than a specific reported revenue total.

The Axios account says OpenAI’s growth is supported by both business and consumer adoption. Bloomberg’s technology coverage repeats the same claim, also attributing it to Axios and citing unnamed sources. Channel NewsAsia carries the same Reuters-similar framing, noting that the annualized recurring revenue figure is close to $70 billion.

Across outlets, the main points align on the size of the annualized recurring revenue, the use of “annualized” and “recurring” framing, and the attribution to Axios and undisclosed sources. None of the provided summaries include additional details such as time period, segment breakdown, or how OpenAI defines or calculates the metric.