The Financial Times reports OpenAI told investors its annualized revenue is “approaching 20 billion below a figure near $70 billion reported about a week earlier.
The higher figure was based on information shared with OpenAI investors and devised via attempts by investors to compare directly with Anthropic’s annualized revenues, per the FT.
OpenAI and Anthropic calculate annualized revenue differently—Anthropic counts sales through cloud partners; OpenAI does not.
OpenAI raised 13 billion revenue with higher spending. IPO rumors pushed from 2026 toward early 2027.
TechCrunch reached out to OpenAI for comment.