OpenAI Told Investors Annualized Revenue Neared $50 Billion, Below Earlier $70 Billion Signal

OpenAI recently told investors its annualized revenue was approaching $50 billion at the end of September, about $20 billion below the $70 billion figure that had circulated in earlier investor comparisons. The gap appears to be less a sudden collapse in sales than a warning about how hard it is to compare fast-growing AI labs before they publish audited public filings.