This is an interesting shift compared to the past where OpenAI would’ve been public a long time ago (due to various regulations) so we would have much more direct insight. Right now we have a ~$1 trillion company which a ton of the “econom…
Gift link: https://giftarticle.ft.com/giftarticle/actions/redeem/f77156... Apparently they overstated revenue in an attempt to try to provide a direct comparison with Anthropic's reported metrics. From the article: "According to a person w…
The headline should've been "OpenAI annualised revenues $20B less than previously signalled by us". The FT is just reporting high number to create a story, then a low number to create another story.
“However, the new investor presentation shows close to $30bn annualised revenues in July.” 2.5bn in revenue for all of July. That is a disaster. Squeaky bum time