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IndustryThe DecoderRelayed· Matthias Bastian·· 7 days ago

OpenAI's annualized revenue is about $50 billion, while it seeks $30 billion in new funding

OpenAI revenue keeps surging as company seeks $30 billion in fresh capital

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openai
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What happened

According to a Financial Times report, OpenAI's annualized revenue as of the end of September was about $50 billion; the earlier figure of nearly $70 billion was calculated on a basis comparable with Anthropic, and the difference stems from the two companies' different accounting methods for revenue from partner sales.

Reported by 2 sources

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