Tech stocks drop after report that OpenAI’s revenue is lower than expected
- On Thursday, shares of Nvidia, Oracle, and CoreWeave sank after The Financial Times reported OpenAI's annualized revenue is approaching $50 billion, significantly lower than the $68 billion figure previously circulated.
- Previous revenue estimates of $70 billion stemmed from investor attempts to produce direct comparisons with rival Anthropic's annualized earnings, according to The Financial Times report.
- OpenAI touted 77% total run rate growth and 107% enterprise growth during the third quarter, though earlier 2025 financials showed the company earned about $13 billion.
- Executives signaled the company's anticipated IPO has been pushed off until early 2027, as OpenAI faces mounting pressure to justify its $852 billion valuation to investors.
- Following a historic $122 billion funding round in March, CFO Sarah Friar stated last week the company remains "very well capitalized" amid early-stage discussions about potential new funding.
123 Articles
123 Articles
Large drop in stock prices on the stock exchange after information that OpenAI is not making as much money as previously reported. Two of the ChatGPT owner's major competitors – including Europe's leading one – are ready with new versions of their artificial intelligences.
The news was advanced after OpenAI's revenue was updated to $50 billion (€44.54 billion) in September. This value, determined by the Financial Times, caused some falls in the company's shares, but quickly returned to value with the company's prospect of being on the right track to reach the goal of $70 billion.
Concerns about the demand for artificial intelligence startups (AIs) have returned to scare investors and feed fear with a bubble in the segment. Reports from the Financial Times showed that the annualized revenue of OpenAI, which prepares its debut in the stock exchange, is about US$ 20 billion lower than what the company had signaled, according to documents shared with investors. Exclusive material for subscribers. To have full access, access …
Dual stocks will weigh on Tel Aviv this morning • The Nasdaq fell sharply last night after a report revealed that OpenAI's annual revenue rate is about $20 billion lower than market estimates • Bond yields retreated yesterday, but remain at multi-decade highs • This morning: Oil prices are falling, New York futures are green • Also: The stock has more than tripled its value since the beginning of the year - and it is expected that it has a lot m…
Good morning! Quiz question: how much revenue does OpenAI generate? 70 billion dollars annually, various media reported last month based on information that…
On the 7th (local time), stock prices of sectors in the artificial intelligence (AI) value chain plummeted across the board after the UK's Financial Times (FT) reported that OpenAI's annualized revenue as of the end of last month stood at only $50 billion (approximately 67.1 trillion won), $20 billion less than previously known to the market.
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