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

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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 valuation. The article OpenAI revenue keeps surging as company seeks $30 billion in fresh capital appeared first on The Decoder.

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 valuation.

The article OpenAI revenue keeps surging as company seeks $30 billion in fresh capital appeared first on The Decoder.

Source: The Decoder

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