Market2026-10-08

OpenAI told investors its annualized revenue is approaching $50 billion. Earlier reports had put the figure at $70 billion. The $70 billion estimate came from investor attempts to compare OpenAI with Anthropic. OpenAI and Anthropic calculate annualized revenue differently. OpenAI does not count sales made by its cloud partners. The $70 billion figure was based on information shared with OpenAI investors. OpenAI raised $122 billion in March 2026. Its 2025 financials showed $13 billion in revenue. OpenAI’s IPO has been pushed to early 2027. TechCrunch reached out to OpenAI for comment.

What changed

OpenAI's annualized revenue was previously reported as approaching $70 billion.

  • $70B previously reported annualized revenue
  • $50B approaching annualized revenue
  • $20B gap
  • $122B raised in March 2026

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