Market News / Story
OpenAI’s $50 Billion Revenue Figure Rattles the AI Trade. How Do You Miss by $20 Billion?
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ChatGPT maker’s September revenue run rate was below the figure previously circulated. Accounting differences explain much of the gap, but AI stocks still sold off. The $20 billion gap needs context OpenAI’s annualized revenue approached $50 billion at September’s end, below the roughly $70 billion previously indicated to investors, the Financial Times reported. Different treatment of cloud-partner sales explains much of the gap. Anthropic includes sales through…
