CHAI Reaches $48 Million in Annual Revenue After Investment from AMD and CoreWeave
CHAI has surpassed its 2025 revenue target two months early, reaching $48 million by the end of October, announced in a press release. The company now projects over $50 million in annual recurring revenue by the end of the year, up from $20 million at the start of 2025.
The Palo Alto-based social AI platform attributes its growth to a focused user acquisition strategy, AI research partnerships, and product innovation. CHAI redirected capital toward attracting highly engaged users, reducing its customer acquisition payback period to under one year.
To strengthen its AI capabilities, CHAI partnered with Advanced Micro Devices, Inc. (AMD) and CoreWeave, securing both compute and financial resources. These collaborations have accelerated the development of CHAI’s social language models.
Founded by William Beauchamp in 2020, CHAI allows users to create and interact with their own AI chatbots. The company has grown rapidly since its launch, with a strong following among younger users and continued focus on mobile app engagement.
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