OpenAI's revenue forecast surpasses $40 billion amid intensifying AI competition

One outlet's reports that OpenAI's upcoming fiscal year could top $40 billion in revenue, marking one of the fastest expansions in corporate history. At the same time, cost-sensitive clients are shifting toward Chinese providers such as DeepSeek and Moonshot, prompting OpenAI and U.S. competitor Anthropic to roll out lower-priced models. New players like SpaceX and Meta have also entered the high-end AI market, adding pressure on the sector’s leading labs as both firms prepare for potentially historic initial public offerings.