OpenAI annualised revenues $20B less than previously signalled
Summary
CNBC reports OpenAI's annualized revenue is about $50 billion by end-September, well below the previously signaled $68 billion. The higher figure reportedly included revenue from partners, complicating direct comparisons with competitors like Anthropic. The news triggered a sell-off in AI-related stocks (Nvidia, Oracle, CoreWeave, among others) and adds context to OpenAI's IPO prospects and market expectations.