OpenAI annualized revenue projected to reach or exceed $70B by year-end
Bloomberg reports that OpenAI's annualized revenue is expected to reach or exceed $70 billion by the end of the year. The same segment notes that Oracle is keeping several data centers on track by relying on truck deliveries of natural gas, and features Kleiner Perkins partner Ilya Fushman discussing the pipeline of large AI IPOs and the future of physical AI.
Why it matters: OpenAI's revenue trajectory is a key signal of whether current AI demand and massive infrastructure spending can be sustained.
loomberg’s Ed Ludlow breaks down OpenAI's latest annualized revenue, expected to reach or exceed $70 billion by the end of the year. Plus, Oracle keeps several data centers on track by relying on truck deliveries of natural gas, and a conversation with Kleiner Perkins partner Ilya Fushman on the mega AI IPO pipeline and the future of physical AI. (Source: Bloomberg)
This is the outlet's own summary. Read the full story on the original site.
Read the original →How we got here
- Big Five publishers quietly use AI behind the scenes; staff push backWIRED AI · OpenAI
- OpenAI publishes 370+ AI-generated math results as researchers question verificationTechRepublic · OpenAI
- Anthropic adds dynamic workflows to Claude Managed AgentsThe Decoder · OpenAI
- OpenAI and Anthropic Use Different Revenue Math, Confusing InvestorsBloomberg Technology · OpenAI
- Kleiner Perkins: AI still early, bullish on physical AIBloomberg Technology · Kleiner Perkins
- Revolut builds own foundation models as CEO eyes Meta-scale ambitionThe Next Web · OpenAI