OpenAI nears $70B annualized revenue, reportedly in talks to raise $30B at $1.4T valuation
mark_k · x · 2026-09-30
Per Axios, OpenAI's annualized revenue is approaching $70 billion, up roughly 70% since the start of Q3, with enterprise sales more than doubling since July as the company pushes into business software and coding agents. Bloomberg and The Information report early talks to raise at least $30 billion at a $1.4 trillion valuation. No deal has been signed; with its IPO delayed, OpenAI could secure another massive private round before investors see its finances publicly.
More from Companies & People
- "Journalists shouldn't report ARR numbers — it's a fake science," and an AI professor agrees — DavidSKrueger · 2026-10-09
- fal and a16z host AI Infra Day on Oct 20 with BFL, Krea and ElevenLabs engineers — gorkem · 2026-10-09
- OG OpenAI Employee Slams Company's Pattern of Vague Responses to Controversies — j_asminewang · 2026-10-09
- Someone Built a Top 40 DevRels on X List, Spanning OpenAI, Cognition, NVIDIA and More — paw_lean · 2026-10-09
- Baseten announces All-Gather research conference in San Francisco on Nov 18 — saranormous · 2026-10-09
- Inside Sully AI: Early-Stage Automation of Hospital Systems — Scobleizer · 2026-10-09