Back to News
AI
OpenAI revenue keeps surging as company seeks $30 billion in fresh capital
The Decoder·October 9, 2026·1 min read
AI Summary
OpenAI's annualized revenue rate sits at about $50 billion, well below the initially reported $70 billion figure that was based on a different accounting method. The correction sent chip stocks sliding.
From the source
OpenAI's annualized revenue rate sits at about $50 billion, well below the initially reported $70 billion figure that was based on a different accounting method. The correction sent chip stocks sliding. Meanwhile, OpenAI is negotiating at least $30 billion in fresh capital at a $1.4 trillion valuation. The article OpenAI revenue keeps surging as company seeks $30 billion in fresh capital appeared first on The Decoder.
The full text couldn't be loaded here (the source may require a subscription).
View original at The DecoderKeep reading
Local Living: world of artificial intelligence - ABC Columbiaabccolumbia.com · 6h agoThe maker of non-text AI model Jev valued at $7.5B just weeks after launchTechCrunch AI · 7h agoHalton police are turning to AI to help hire, train 911 call takers - CBCcbc.ca · 7h agoFired OpenAI employees question the company's commitment to safety - NPRnpr.org · 7h ago
Was this useful?