OpenAI's $50B revenue lags behind $70B target

openai's annualized revenue rate stands at roughly $50 billion, with a growth rate of 77 percent in q3 and 107 percent in enterprise revenue. the company aims to reach an annualized revenue rate of at least $70 billion by the end of 2026. openai is seeking at least $30 billion in new capital at a target pre-money valuation of $1.4 trillion. the company's growth is driven by enterprise sales and an aggressive price war against competitors. openai's usage numbers include 1.2 billion weekly chatgpt users and 2.5 million businesses on openai products.