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techcrunch ai · October 8, 2026

OpenAI's revenue falls $20B short of projections

openai's annualized revenue is approaching $50 billion, not $70 billion as previously reported, affecting investor confidence.

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openai's annualized revenue has been revised downward to approximately $50 billion, a $20 billion decrease from the previously reported $70 billion. this change may affect investor confidence, particularly given the company's significant expenses and investments. openai raised $122 billion in a march funding round and had leaked 2025 financials showing $13 billion in revenue but much higher spending. the company's ipo plans have been delayed until early 2027.

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