WTF Is Going On(Weights, Tools & Frameworks)

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TechCrunch filed

OpenAI’s revenue is reportedly $20 billion less than previously projected

read it at the source — TechCrunch →

“It had previously been reported that the AI lab's annualized revenue was some $70 billion, but a new report claims it's a whole lot less than that.”

What was said about it

hn
124 points · 60 comments
wepple
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…
virtuosarmo
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…
underyx
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.
FLeXMurphy
Does this align with what Zitron was complaining about? Or is it a broken-clock-right-twice-a-day thing? neutral question.
m101
“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

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