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OpenAI's September revenue was $50B annualized, not $70B as widely reported

The AI giant corrected investor documents, showing actual performance significantly below figures cited in media.

Summarized from Techmeme, . 15-second read.

This story is from October 8, 2026. For the latest, see today's news.

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OpenAI told investors that its annualized revenue reached approximately $50 billion by the end of September, according to documents reviewed by the Financial Times. This figure is substantially lower than the $70 billion often cited in media reports about the company's financial performance. The discrepancy highlights the gap between widely reported estimates and the actual numbers disclosed directly to investors.

Read the full story at Techmeme

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