OpenAI’s revenue is reportedly $20 billion less than previously projected
It had previously been reported that the AI lab's annualized revenue was some $70 billion, but a new report claims it's a whole lot less than that.
Proof2 independent outlets
Key points
- Technology stocks fell lower today following a report that artificial intelligence giant OpenAI Group PBC’s annualized revenue this year is about $20 billion less than what was previously reported by the media, sending shockwaves through the industry.
- A report today by the Financial Times revealed that OpenAI recently told prospective investors that its annualized revenue [...]
- The post AI stocks crumble on report that OpenAI’s annualized revenue is much lower than believed appeared first on SiliconANGLE.
Sources (2)
- [1]OpenAI’s revenue is reportedly $20 billion less than previously projectedTechCrunch: AI · Oct 8, 06:19 PM
It had previously been reported that the AI lab's annualized revenue was some $70 billion, but a new report claims it's a whole lot less than that.
- [2]AI stocks crumble on report that OpenAI’s annualized revenue is much lower than believedSiliconANGLE: AI · Oct 9, 12:44 AM
Technology stocks fell lower today following a report that artificial intelligence giant OpenAI Group PBC’s annualized revenue this year is about $20 billion less than what was previously reported by the media, sending shockwaves through the industry.
A report today by the Financial Times revealed that OpenAI recently told prospective investors that its annualized revenue [...]
Extractive summary: sentences quoted from the sources.
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