Money & marketsOpenAI's annualized revenue is about 50 billion dollars, 20 billion below the figure that circulated
The Financial Times reported on October 8, citing materials shared with investors, that OpenAI's annualized revenue was close to $50 billion at the end of September. That is about $20 billion below the $70 billion figure reported late last month.
The gap comes from accounting. Anthropic counts sales through cloud partners such as AWS and Google Cloud as revenue and OpenAI does not, and investors trying to compare the two on the same basis inflated the number. Chip stocks fell in New York after the report.