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FT: OpenAI Revenue Falls Short

FT says OpenAI told investors annualized revenue neared $50B at end of September, far short of the reported $70B.

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Key points

  • OpenAI recently told investors its revenues were approaching $50bn on an annualised basis at end of September, far short of the $70bn reported, per FT.
  • OpenAI annualised revenues were $20bn less than previously signalled, per FT.

Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI

Original post

*Walter Bloomberg @DeItaone 2M followers

OPENAI RECENTLY TOLD INVESTORS ITS REVENUES WERE APPROACHING $50BN ON AN ANNUALISED BASIS AT END OF SEPTEMBER, FAR SHORT OF THE $70BN REPORTED - FT
700likes 95reposts 60replies 167.4Kviews

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What others are saying

3 more
  1. *Walter Bloomberg @DeItaone 548

    FT reports OpenAI's annualized revenue is $20 billion lower than previously signaled.

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  2. zerohedge @zerohedge 470

    FT reports OpenAI's annualized revenues are $20 billion less than previously signaled.

    View on X
  3. *Walter Bloomberg @DeItaone 438

    FT reports OpenAI's annualized revenue is $20 billion less than previously signaled.

    View on X

Top replies on X

Reaction on X: Most replies are skeptical jokes and doubts, with users mocking the prospect of a record IPO valuation and calling AI "1999 all over again," while one notes $50bn annualized is still remarkable for a company barely 11 years old. No response from the original poster.

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From @clintoptions, @stefmonzo, @Ryanblythmusic and others. Spam removed, with English and Chinese translations.

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