OpenAI’s revenue run rate is $20 billion lower than reported: Why it matters for the Anthropic IPO race

OpenAI’s annualised revenue for September was almost $50 billion, about $20 billion below the nearly $70 billion figure reported by several media outlets late last month, the Financial Times reported on Thursday, citing financial documents shared with investors.The discrepancy mainly arose from an attempt to produce a direct comparison with figures from rival Anthropic.OpenAI vs Anthropic: Why the revenue figures differThe two companies calculate their annualised revenue differently. Anthropic includes revenue from sales through cloud partners such as Amazon Web…