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TLDRocket
9 October 2026
OpenAI’s numbers landed with a thud, and markets treated the gap like more than rounding error. According to the Financial Times, OpenAI told investors its annualized revenue is just under $50 billion—about $20 billion less than earlier reporting near $70 billion. The difference, OpenAI says, comes down to accounting framing: Anthropic counts partner-channel sales in full while OpenAI books only the portion it keeps. Investors adjusted fast; the Nasdaq slipped 1.25% and AI stocks dragged, especially with IPO expectations swirling around both OpenAI and Anthropic.
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