OpenAI projects $70B annual revenue by year-end, says CEO Altman

Sam Altman, CEO of OpenAI , recently discussed the company’s projected $70 billion annual revenue on Bloomberg, shedding light on the financial trajectory of the AI powerhouse. This figure, however, is a projection for the end of the year, with current annualized revenue reported at $50 billion as of September. The $70 billion projection aligns OpenAI’s accounting with that of its competitor Anthropic , which includes sales through cloud partners, a method OpenAI does not typically use. This clarification provides insight into OpenAI’s growth expectations and how it stacks up against industry peers.

Source: Crypto Briefing