Scoop: OpenAI's annual recurring revenue nears $70B

OpenAI's annual recurring revenue is nearing $70 billion, according to Axios. Enterprise sales have more than doubled since July, with business-to-business revenue growing over 100% since the third quarter's start. The annualized revenue run rate increased by more than 70% in that period. Additionally, consumer revenue growth in the third quarter exceeded the total growth for all of 2025. This expansion occurs as OpenAI and Anthropic prepare for IPOs to provide investor liquidity.