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Headlines · 2
- 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.
Bloomberg Technology · 🔥 9 - Kleiner Perkins: AI still early, bullish on physical AI
On Bloomberg Tech, Kleiner Perkins partner Ilya Fushman said AI is still in the early stages of reshaping the economy, with opportunities spanning frontier-model companies such as Anthropic, consumer agents, autonomous vehicles and robotics. He said the firm sees "physical AI" as a potential source of the next trillion-dollar companies, and that he is increasingly optimistic about both the IPO and M&A markets. These are the investor's own views; no deal sizes or timelines were given.
Bloomberg Technology · 🔥 9
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