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OpenAI Tells Investors Revenue Is Nearing $50 Billion, FT Reports

Oct 09, 2026
TechCrunch
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Summary

OpenAI tells investors its annualized revenue is approaching $50 billion, the Financial Times reports, about $20 billion below the $70 billion figure outlets previously cited. The gap partly reflects method: Anthropic counts cloud partner sales, OpenAI does not. OpenAI raised $122 billion in a March round and pushed its IPO to early 2027.

Key Points

  • OpenAI's leaked 2025 financials show about $13 billion in revenue and much higher spending, TechCrunch reports.
  • TechCrunch reaches out to OpenAI for comment on the reported revenue figure.
  • TechCrunch reports OpenAI faces scrutiny over that revenue as it seeks to justify the large investments being made on its behalf.

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