Sam Altman, CEO of OpenAI, announced on Bloomberg that the company projects 70 billion dollars in annual revenue by year-end. Current annualized revenue stands at 50 billion dollars as of September. This 70 billion dollar projection reflects an accounting method aligned with Anthropic’s approach, incorporating sales through cloud partners. Altman’s statements suggest strong growth prospects for OpenAI and could influence market expectations regarding a potential IPO timeline.
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