OpenAI's annualised revenue revised down to about $50bn
What happened
On 9 October 2026, TechCrunch, citing the Financial Times, reported that OpenAI had told investors its annualised revenue was "close to $50bn", about $20bn lower than the roughly $70bn figure previously circulating. The earlier $70bn figure came from an estimate by OpenAI investors to compare directly with Anthropic's annualised revenue, the report said; the two companies calculate annualised revenue differently, with Anthropic counting sales by cloud partners and OpenAI not doing so. On 10 October, The Decoder, citing the Financial Times, reported that OpenAI's annualised revenue at the end of September was about $50bn, and that the earlier near-$70bn figure was calculated on a basis comparable with Anthropic, with the difference stemming from how the two account for partner sales revenue; the same report said OpenAI is seeking $30bn in new funding.
Written by AI from the reports · updated 7 d ago
Timeline
Follow the reports to see the event from each side.
- The DecoderOpenAI revenue keeps surging as company seeks $30 billion in fresh capital
OpenAI's annualized revenue rate sits at about $50 billion, well below the initially reported $70 billion figure that was based on a different accounting method. The correction sent chip stocks sliding. Meanwhile, OpenAI is negotiating at least $30 billion in fresh capital at a $1.4 trillion valuation.
- TechCrunch · AIOpenAI’s revenue is reportedly $20 billion less than previously projected
It had previously been reported that the AI lab's annualized revenue was some $70 billion, but a new report claims it's a whole lot less than that.
Heat of this event
Current heat 3·Peak in the comparable range 15（Oct 10 02:00）·Change over 24 hours in the comparable range -67%
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