OpenAI
OpenAI run rate is about $50bn, not the $70bn reported
Investor documents seen by the Financial Times put OpenAI's annualised revenue well below the figure that had circulated.
The answer
Investor documents put OpenAI's annualised revenue at about $50bn at end-September, below earlier $70bn reports.
What happened: Documents shown to investors put OpenAI's annualised revenue run rate at about $50 billion at the end of September 2026, according to a Financial Times report.
The numbers: Earlier reports had put the figure at roughly $70 billion. The newer documents show about $50 billion.
The catch: The gap does not mean revenue fell. The earlier estimates were higher than the recent documents support.
Why it matters: The report coincided with declines in several major AI stocks. Heavy spending on data centres, chips and energy raises the question of whether revenue will arrive fast enough. One commentator called that "a problem for the entire industry".
The context: OpenAI was reported on 29 September to be in early talks to raise at least $30 billion at about a $1.4 trillion valuation.
Unconfirmed: The details here come via a secondary summary of the FT report. OpenAI's comment was not seen.
What's next: Nothing is confirmed yet. OpenAI has not been seen responding to the figures.
Sources
- OpenAI revenue run rate (FT report) — Financial Times, 9 October 2026
- AI News, October 9, 2026 — Aidapted, 9 October 2026