OpenAI's September annualized revenue nears $50 billion, less than previously indicated
The discrepancy mainly arose from an attempt to produce a direct comparison with figures from rival Anthropic, the person said on condition of anonymity.
OpenAI reported nearly $50 billion in annualized revenue for September, a decrease from its earlier estimate of $70 billion, according to a source familiar with the matter. The discrepancy stems from OpenAI's attempt to compare its revenue to that of rival Anthropic directly. Unlike Anthropic, OpenAI does not account for revenue generated through sales partners like Amazon's AWS and Alphabet's Google Cloud.
Anthropic, which pays cloud partners around 16% of every dollar earned through them, reported $11.5 billion in revenue in the second quarter, surpassing OpenAI's $6.7 billion. OpenAI began the year with $20 billion in annualized revenue, compared to $6 billion in 2024. Anthropic's annualized revenue hit $65 billion in July and is projected to reach $100 billion by year-end, sources previously told Reuters.
While annualized revenue run rate is a common metric among fast-growing Silicon Valley startups, analysts consider it sometimes misleading, often resulting from multiplying one month's revenue by 12.
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