AI article
OpenAI annualised revenues $20B less than previously signalled
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Hacker News | Oct 8, 2026 | mfiguiere
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Sam Altman, CEO of OpenAI, the developer of ChatGPT, is speaking at the AI company's developer conference on Sept. 29, 2026. Andrej Sokolow | Picture Alliance | Getty ImagesShares of Nvidia, Oracle, CoreWeave and other artificial intelligence names sank lower on Thursday after the market learned more details about OpenAI's revenue. OpenAI told investors that it hit roughly $50 billion in annualized revenue at the end of September, CNBC confirmed, lower than the the $68 billion figure that was widely reported late last month.
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