OpenAI Aims for $70 Billion Annual Revenue, Fuels Investor Buzz
Hamid Siddiqui
News
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OpenAI projects its annual revenue to reach over $70 billion by year-end, driven by its enterprise growth. Earlier reports indicated a $50 billion figure, causing confusion among investors. The company halted revenue sharing with Microsoft in April, impacting figures. Meanwhile, Anthropic's revenue surpassed $65 billion. OpenAI's valuation may exceed $1.4 trillion as it seeks new investments.