TechCrunch AIT2·68 pts
OpenAI Revenue Revised to Near $50B: A $20B Drop from Prior Projections Delays IPO to 2027
Original: OpenAI’s revenue is reportedly $20 billion less than previously projected
- OpenAI's annualized revenue was revised down to near $50 billion from the previously rumored $70 billion, a 28% decrease.
- The earlier higher figures were based on unverified information initially shared by OpenAI with investors.
- Due to these financial adjustments and ongoing losses, OpenAI's IPO has been officially delayed until early 2027.