OpenAI’s revenue is reportedly $20 billion less than previously projected

A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’s reported run rate . Now, however, the AI lab is said to have told investors that the real revenue is some $20 billion lower than that.

The Financial Times reports that the company has told investors that its annualized revenue is “approaching $50 billion.” The publication also notes that the previous figure of $70 billion was based on information that had previously been shared with investors by OpenAI. That figure was devised via “attempts by OpenAI’s own investors to produce a direct comparison with Anthropic’s annualised revenues,” per the FT.

It’s worth pointing out that OpenAI and Anthropic calculate their annualized revenue differently — with Anthropic counting sales made by its cloud partners. OpenAI doesn’t do this.