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OpenAI told investors its annualized revenue is roughly $50 billion, below the $68 billion widely reported
OpenAI told investors it hit roughly $50 billion in annualized revenue at the end of September, CNBC confirmed, lower than the $68 billion figure widely reported late last month. A person familiar with the matter said the $68 billion figure included gross revenue from OpenAI's partners. Nvidia shares fell 3%, Oracle nearly 6% and CoreWeave nearly 8% on Thursday.
NoteFor lenders and investors with exposure to AI infrastructure, the gap is a reminder to check what a run-rate figure counts: OpenAI and Anthropic calculate annualized revenue differently, TechCrunch notes.
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