OpenAI’s revenue is reportedly $20 billion less than previously projected

Key points

• Technology stocks fell lower today following a report that artificial intelligence giant OpenAI Group PBC’s annualized revenue this year is about $20 billion less than what was previously reported by the media, sending shockwaves through the industry.2
• A report today by the Financial Times revealed that OpenAI recently told prospective investors that its annualized revenue [...]2
• The post AI stocks crumble on report that OpenAI’s annualized revenue is much lower than believed appeared first on SiliconANGLE.2

Sources (2)

• [1]OpenAI’s revenue is reportedly $20 billion less than previously projected
  TechCrunch: AI · Oct 8, 06:19 PM

  It had previously been reported that the AI lab's annualized revenue was some $70 billion, but a new report claims it's a whole lot less than that.

• [2]AI stocks crumble on report that OpenAI’s annualized revenue is much lower than believed
  SiliconANGLE: AI · Oct 9, 12:44 AM

  Technology stocks fell lower today following a report that artificial intelligence giant OpenAI Group PBC’s annualized revenue this year is about $20 billion less than what was previously reported by the media, sending shockwaves through the industry.

  A report today by the Financial Times revealed that OpenAI recently told prospective investors that its annualized revenue [...]

Extractive summary: sentences quoted from the sources.