Key facts
- OpenAI's annualized revenue is approaching $50 billion.
- This is $20 billion less than prior projections of $70 billion.
- The $70 billion figure was used to compare with Anthropic's revenue.
- OpenAI excludes cloud partner sales from its revenue, unlike Anthropic.
- OpenAI's IPO is now expected in early 2027.
OpenAI has reportedly informed investors that its annualized revenue is approaching $50 billion, a figure that is approximately $20 billion less than a previously projected $70 billion. The AI lab's earlier revenue estimate was based on information shared with investors, which was influenced by attempts to directly compare it with Anthropic's annualised revenues.