Best AI News โ€” Updated Every 3 Hours
Story Page
← All Stories
Home→ Industry & Money→ Story
Industry & Money

OpenAI revenue keeps surging as company seeks $30 billion in fresh capital

Via The Decoder
Friday, Oct 9, 2026 ยท 5:20PM
Summary

OpenAI's annualized revenue rate sits at about $50 billion, well below the initially reported $70 billion figure that was based on a different accounting method. The correction sent chip stocks sliding. Meanwhile, OpenAI is negotiating at least $30 billion in fresh capital at a $1.4 trillion valuati

Continue reading the full article
Read at The Decoder
the-decoder.com
Back to all stories