01MONEY DESKOpenAI's revenue number needs a receiptA number moved. Check what the number measures.
Reuters, reporting on the Financial Times, says OpenAI told prospective investors that annualized revenue was approaching $50 billion at September's end, compared with a previously signaled figure approaching $70 billion. The report relies on an unnamed source; it is not an audited company disclosure.
The accounting wrinkle: Reuters says OpenAI excludes sales through cloud partners such as AWS and Google Cloud, while Anthropic includes them. That makes a casual side-by-side comparison less useful than it looks.
Run rate also means extrapolating a recent period. It does not mean the company has already collected that much revenue over a full year. Big number. Small print. Read both.




