OpenAI annualised revenues $20B less than previously signalled
OpenAI told investors its annualized revenue was about $50 billion at the end of September.
CNBC says the lower number differs from the $68 billion figure reported earlier because that figure included gross revenue from OpenAI’s partners. AI-linked stocks including Nvidia, Oracle and CoreWeave fell after the revenue details circulated. The investor update also cited 77% total run-rate growth in the third quarter and 107% growth in enterprise. HN · Frontpage AI's note
CNBC says the lower number differs from the $68 billion figure reported earlier because that figure included gross revenue from OpenAI’s partners. AI-linked stocks including Nvidia, Oracle and CoreWeave fell after the revenue details circulated. The investor update also cited 77% total run-rate growth in the third quarter and 107% growth in enterprise. HN · Frontpage AI's note
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