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OpenAI Projects $70 Billion in Annualized Revenue by 2026
M
Moneycontrol•09-10-2026, 08:24
OpenAI Projects $70 Billion in Annualized Revenue by 2026
- •OpenAI expects to reach or exceed $70 billion in annualized revenue by the end of 2026, driven largely by growth in its enterprise business.
- •The company shared these projections with investors during discussions for a fundraising effort to raise $30 billion or more at a $1.4 trillion valuation.
- •Rival AI firm Anthropic reported an annualized revenue of $65 billion by the end of July, though companies measure this metric differently.
- •Tech shares led losses in the S&P 500 following reports regarding OpenAI's revenue estimates, causing the Nasdaq 100 to fall 1.4%.
Key Questions Answered
OpenAI expects to reach or exceed $70 billion in annualized revenue by the end of 2026, driven largely by growth in its enterprise business. This figure is an increase from its annualized revenue of roughly $50 billion at the end of September.
OpenAI has pushed back its plans for an initial public offering until at least next year, citing its primary focus on AI safety efforts and addressing technology-related risks.
OpenAI is in talks to raise $30 billion or more at a $1.4 trillion valuation before the new money, with potential backing from United Arab Emirates investment funds such as Abu Dhabi-based MGX.
