OpenAI's annualized revenue is about $50 billion, $20 billion lower than previously reported figures

According to financial documents shared with investors, OpenAI's annualized revenue is approximately $50 billion, about $20 billion lower than the $70 billion previously reported by media. The company recently told investors that annualized revenue was close to $50 billion as of the end of September, while July investor materials showed it was around $30 billion at that time. The discrepancy stems from investors trying to make a direct comparison between OpenAI and Anthropic's annualized revenue, as the two companies calculate it differently: Anthropic includes sales from cloud partners like AWS and Google Cloud, while OpenAI does not. After related reports were published, U.S. stocks fell, with the Nasdaq 100 down 1.7%, Nvidia down 2.9%, Oracle down nearly 6%, and Micron down 4%. OpenAI declined to comment and is in talks with investors for a new private funding round, with a valuation possibly around $1.4 trillion.