Citing documents shared with OpenAI's financial backers, the FT said the company put its annualized revenue at close to $50 billion as of the end of September.
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OpenAI revenue gap report rattles AI stocks
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Nvidia and Micron stocks bounce after OpenAI projects $70 billion in revenue by year-end
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.
OpenAI has told investors its annualized revenue was approaching $50 billion at the end of September, about $20 billion below reports of nearly $70 billion. The gap reflects differing accounting methods for revenue sold through cloud partners, rather than evidence of a sudden business slowdown; the …
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 …
Citing documents shared with OpenAI's financial backers, the FT said the company put its annualized revenue at close to $50 billion as of the end of September.
OpenAI is expecting to reach or exceed $70 billion in annualized revenue by the end of the year, according to people familiar with the matter, driven largely by growth in its enterprise business.
Questions raised over AI growth as ChatGPT maker forecasts this year’s revenue at $50bn, way below the $70bn signalled before OpenAI has revealed that it is making about $20bn less in projected revenue than it had recently indicated to investors, raising questions about the break-neck growth rate in…
