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OpenAI revenue forecast cut by $20B

2 reports2 sourcesUpdated 2 days ago

What you need to know

AI summary

OpenAI has told investors its annualized revenue is approaching $50 billion, roughly $20 billion below the $70 billion figure it had previously shared with investors. The revision was reported by TechCrunch, citing OpenAI's own communication to investors.

Generated by AI from the reporting · updated 2 days ago

Timeline

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Oct 9
  1. The DecoderFeatured
    OpenAI revenue keeps surging as company seeks $30 billion in fresh capital

    OpenAI's annualized revenue rate stood at roughly $50 billion at the end of September.

Oct 8
  1. TechCrunch · AI
    OpenAI's revenue is reportedly $20 billion less than previously projected

    OpenAI has told investors its annualized revenue is approaching $50 billion, roughly $20 billion below the $70 billion figure previously shared with investors.

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