# SoftBank

OpenAI’s Big Bet: $20bn Annual Revenue but a Trillion‑Dollar Gamble on Compute and Growth

OpenAI told investors and users that its 2025 annual recurring revenue exceeded $20 billion, driven by nearly tenfold compute growth since 2023 and soaring user engagement. The company is pursuing an aggressive strategy of large upfront compute investments to accelerate research and monetisation, while remaining unprofitable and negotiating huge financing and infrastructure deals.