OpenAI expects to reach $70 billion in annualized revenue by year-end, Bloomberg reports
Redacción IvokaOct 10, 10:54 AM 2 min
People cited by Bloomberg say OpenAI ended September at roughly $50 billion annualized and expects to reach or exceed $70 billion by year-end, driven largely by its enterprise business.
Bloomberg reported on October 9 that OpenAI expects to reach or exceed $70 billion in annualized revenue by the end of 2026, according to people familiar with the matter. The growth would come largely from its enterprise business.
What "annualized" means
It is a projection: it takes sales from a short period and scales them to a full year. It is not the same as money already collected during the year. According to the same sources, OpenAI's annualized figure at the end of September was roughly $50 billion.
A caveat on the numbers
The figures come from anonymous sources cited by Bloomberg and are not an official financial report from the company. In addition, other outlets, such as the Financial Times, have published different figures for this same metric, so the numbers on OpenAI's revenue are not fully settled and may vary depending on the source.