OpenAI's Revenue Is Reportedly $20 Billion Less than Previously Projected
- On Thursday, shares of Nvidia, Oracle, and CoreWeave sank after The Financial Times reported OpenAI's annualized revenue is approaching $50 billion, significantly lower than the $68 billion figure previously circulated.
- Previous revenue estimates of $70 billion stemmed from investor attempts to produce direct comparisons with rival Anthropic's annualized earnings, according to The Financial Times report.
- OpenAI touted 77% total run rate growth and 107% enterprise growth during the third quarter, though earlier 2025 financials showed the company earned about $13 billion.
- Executives signaled the company's anticipated IPO has been pushed off until early 2027, as OpenAI faces mounting pressure to justify its $852 billion valuation to investors.
- Following a historic $122 billion funding round in March, CFO Sarah Friar stated last week the company remains "very well capitalized" amid early-stage discussions about potential new funding.
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Tech stocks drop after report that OpenAI’s revenue is lower than expected
By John Towfighi, CNN New York (CNN) — Tech stocks dropped on Thursday after a news report that OpenAI’s annualized revenue is about $20 billion less than previously reported. OpenAI, the maker of ChatGPT, recently told investors that its annualized revenue was nearing $50 billion, according to the Financial Times, lower than the $70 billion figure previously reported by media, including the FT, based on information from investors. The discrepan…
ChatGPT creators have reduced appetites by $20 billion
ChatGPT creators have reduced appetites by $20 billionThe American technology company OpenAI (the creators of ChatGPT) lowered its annual revenue expectations to $ 50 billion from the previous $ 70 billion, the Financial Times writes, citing the...
OpenAI’s Revenue Run Rate Nears $50 Billion, Less Than Reported
OpenAI is on track to generate annualized revenue of roughly $50 billion based on its current performance, according to people familiar with the matter, an uptick from the prior year but less than some recently reported estimates for the ChatGPT maker.
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