OpenAI’s annualised recurring revenue (ARR) in July exceeded the level recorded during the second quarter, chief financial officer Sarah Friar told employees during an internal meeting, business news channel and website CNBC reported.
According to the report, Friar said, “...Q2 was no slouch. ” as she highlighted the company’s revenue growth. Alongside Friar, OpenAI’s board chair, Bret Taylor, attributed the momentum to the launch of the GPT-5.6 series models, the company’s enterprise AI agent ChatGPT Work , and growing adoption of its artificial intelligence (AI) coding tool, Codex.