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  "documentTitle": "2025 Bond Cap Artificial Intelligence AI 2025",
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      "text": "Note: OpenAI figures are estimates as of 4/25. All other public-company figures are as of 12/31/24... Source: Capital IQ (12/24), The Information (4/25 and prior)...",
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      "text": "Median = $23",
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      "kind": "title",
      "text": "...Revenue-per-User Multiple – OpenAI = In-the-Range",
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      "text": "Estimated Annual Revenue Per User ($) – 2024, per Capital IQ, Morgan Stanley, Semrush, The Information & Company Disclosures",
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