OpenAI tells investors annualized revenue is approaching $50 billion, not $70 billion
The Financial Times reported the earlier figure came from investors trying to compare OpenAI with Anthropic.
OpenAI has told investors its annualized revenue is "approaching $50 billion," about $20 billion less than a figure of nearly $70 billion reported a little over a week earlier, the Financial Times reported, according to TechCrunch on Thursday.
The $70 billion figure was based on information shared with OpenAI investors and came from "attempts by OpenAI's own investors to produce a direct comparison with Anthropic's annualised revenues," according to the FT. OpenAI and Anthropic calculate annualized revenue differently, with Anthropic counting sales made by its cloud partners.
OpenAI raised $122 billion in a March funding round, TechCrunch noted. Its IPO, previously rumoured for this year, has been pushed to early 2027.
TechCrunch said it had contacted OpenAI for comment.
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