OpenAI cuts revenue forecast by $20 billion to $50 billion

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OpenAI has informed investors it expects $50 billion in annual revenue, a $20 billion shortfall from earlier projections of $70 billion, according to the Financial Times, potentially rattling investors concerned about AI profitability. The $70 billion figure reportedly came from investors comparing OpenAI with rival Anthropic, whose revenue includes cloud providers, unlike OpenAI's accounting. Tech stocks fell after the report, amid the industry's massive infrastructure spending spree. OpenAI raised $122 billion in March at an $852 billion valuation and seeks $30 billion more at $1.4 trillion. CEO Sam Altman delayed its IPO past 2026, citing AI safety, while Anthropic lost $42 billion in 2025.


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