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OpenAI expects a $70bn revenue run rate by year-end, Bloomberg reports

The forecast follows a Financial Times report that the run rate was nearing $50bn in September. The FT said the $70bn OpenAI revenue figure came from investors comparing it with Anthropic.

Tarun Mottlia

Via TNW | Openai

·Excerpt
OpenAI expects a $70bn revenue run rate by year-end, Bloomberg reports
Image: Credit: OpenAI

OpenAI expects its annualised revenue to reach or exceed $70bn by the end of the year, Bloomberg reported on Friday. The company shared the forecast with investors in talks over its latest funding round, according to people familiar with the matter. They said growth in its enterprise business is driving most of it.

A day earlier, the Financial Times reported that the figure was approaching $50bn at the end of September. That is about $20bn below the figure reported last…

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