FT: OpenAI annualized revenue nears $50B by end of September, far below the $70B previously reported
apples_jimmy · x · 2026-10-09
The Financial Times reports OpenAI's annualized revenue was approaching $50 billion at the end of September, well below the previously circulated $70 billion figure.
According to a source, the discrepancy arose from OpenAI's own investors trying to build a direct comparison with Anthropic's annualized revenues. The Information's firstadopter broke the story, while applesjimmy argues the framing is misleading — it's inconvenient for OpenAI to benchmark itself against Anthropic right now.
Related event: OpenAI's Annualized Revenue Nears $50B, Far Below Rumored $70B(20 posts)→
More from Venture
- Monetizing proprietary data through MCP: pay-per-call pricing for agents — ValosSantanos · 2026-10-09
- "Journalists shouldn't report ARR numbers — it's a fake science," and an AI professor agrees — DavidSKrueger · 2026-10-09
- Catalyst launches autonomous AI trading agent backed by Jake Paul — jzlegion · 2026-10-09
- When compute debt outpaces user cash: margins flow from software to physical asset owners — LexSokolin · 2026-10-09
- NeurIPS Paper Releases Market-1T, a ~1 Trillion-Observation Financial Dataset — randall_balestr · 2026-10-09
- Contra's Creative Intelligence 2026 report: AI-powered creative project sizes jump 40%+ — heyshrutimishra · 2026-10-09