OpenAI revenue run rate seen below reported $70 billion
In short
OpenAI’s September annualised revenue was about $50 billion, according to a publisher summary. That is below media reports of around $70 billion.
The story says the difference comes from accounting rules: Anthropic includes sales through cloud partners, while OpenAI does not. This matters because it affects comparisons in the Anthropic IPO race, but the reporting does not say the final market impact.
What the reporting says
OpenAI’s September annualised revenue was nearly $50 billion, according to a publisher summary, which says this was below media reports of about $70 billion. The gap is attributed to different accounting methods, with Anthropic counting sales through cloud partners while OpenAI does not. The reporting frames the discrepancy as relevant to the Anthropic IPO race, but the source does not say how it changes the IPO timeline or valuation.
Why it matters
The publisher summary says OpenAI’s September annualised revenue was nearly $50 billion, versus media reports of about $70 billion. It attributes the gap to accounting differences, specifically that Anthropic counts sales through cloud partners while OpenAI does not. The report links the discrepancy to the Anthropic IPO race, but it does not give a timeline, filing, valuation or other concrete outcome.