OpenAI revenue falls 28% to $50 billion, $20 billion below earlier estimates

OpenAI reported revenue of approximately $50 billion at the end of September, nearly $20 billion less than previously publicized estimates, according to the Financial Times. The discrepancy stems from investors adjusting OpenAI's figures to include cloud service partner sales, a method used by rival Anthropic. OpenAI's own calculations exclude these, leading to earlier estimates of around $70 billion. The company is negotiating a funding round that could value it at $1.4 trillion and has delayed its IPO plans amid concerns about powerful AI systems.