OpenAI's September revenue run rate was near $50 billion
The Financial Times reviewed investor documents showing annualized revenue approaching $50 billion at September's end; CNBC independently confirmed the figure with a person familiar with OpenAI's investor presentation. Both accounts say the larger number arose from an attempt to compare OpenAI's revenue with Anthropic's using different accounting treatments.
ThereforeInvestors are weighing OpenAI's growth against enormous compute commitments, and the clarification coincided with declines in AI-linked stocks.