OpenAI projects its revenue to exceed $12.7 billion this year, a threefold increase, despite increasing competition from Chinese companies like DeepSeek. The company expects to more than double its revenue target for 2025 to $29.4 billion, above previous estimates. A significant portion of OpenAI's revenue is derived from its subscription-based offerings for consumers and businesses, including its paid AI software, with recent additions like ChatGPT Pro for $200 per month. OpenAI is reportedly close to completing a $40 billion funding round, potentially valuing the company at $300 billion. Chinese competitors have emerged rapidly, with DeepSeek releasing its ChatGPT rival and Baidu launching the “Ernie X1” model. Analysts highlight that these emerging models are intensifying competitive pressure on established firms. OpenAI's CEO, Sam Altman, indicated plans to launch upcoming versions of GPT, which aim to include advanced features. The landscape of AI is increasingly dynamic as US and Chinese tech companies vie for market leadership.

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