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Big Technology’s Kantrowitz on OpenAI revenue report: Some sloppiness on company's part

AI summary

OpenAI informed investors that its annualized revenue reached approximately $50 billion by the end of September, a figure confirmed by CNBC. This is lower than the $68 billion widely reported last month. Alex Kantrowitz, founder of Big Technology, discussed this discrepancy, suggesting some sloppiness on the company's part regarding the revenue report.

Why this one

This report clarifies OpenAI's actual annualized revenue at $50 billion, unlike earlier reports that cited a higher $68 billion figure.

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PublishedOffset at this time: UTC+0Oct 8, 2026, 19:55 UTC

IngestedOffset at this time: UTC+0Oct 8, 2026, 23:00 UTC

Published
Oct 8, 2026, 19:55
Ingested
Oct 8, 2026, 23:00
Source type
Unclassified
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OpenAI told investors that it hit roughly $50 billion in annualized revenue at the end of September, CNBC confirmed, lower than the the $68 billion figure widely reported late last month. Alex Kantrowitz, Big Technology founder, joins 'Closing Bell' to discuss.

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