OpenAI’s September annualized revenue nears $50 billion, less than previously indicated

OpenAI has told investors its annualized revenue for September was almost $50 billion, a drop from what it signaled earlier, a person familiar with the matter told Reuters on Thursday.

The company previously indicated to investors at a separate event that its revenue run rate for last month was approaching $70 billion, Reuters and other media reported.

The discrepancy mainly arose from an attempt to produce a direct comparison with figures from rival Anthropic, the person said on condition of anonymity.