AIFinancial Times1h ago
Docs: OpenAI told investors its annualized revenue was nearing $50B
Docs: OpenAI told investors its annualized revenue was nearing $50B at the end of September, well below the $70B reported by media based on investor docs
TL;DROpenAI's actual September revenue was ~$50B, not the $70B media claimed.
Why it matters: Inflated growth numbers affect investor confidence, valuation accuracy, and how we assess AI sector momentum.
AI giant recently told investors the key figure was approaching $50bn in September, far less than the $70bn that was widely reported
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