Investor Jack Altman calls FT's $70B OpenAI 'net revenue' claim bad reporting, says it's an end-of-year figure not run rate

firstadopter · x · 2026-10-10

Investor Jack Altman publicly disputes the FT report claiming OpenAI cited $70B as "net revenue," calling it bad reporting and CYA by the FT. He says the figure is an end-of-year number rather than a current run rate — common knowledge the paper could have verified — and he didn't correct it earlier because the error was so obvious.

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