OpenAI has announced a $50 billion annualized revenue run rate, significantly lower than the previously indicated $70 billion. This adjustment reflects the exclusion of revenue from cloud partners such as AWS and Google Cloud. Despite this revision, the company has shown substantial growth from $6 billion in 2024 and $20 billion at the start of 2026. Market participants are increasingly concerned about OpenAI’s financial stability, with the perceived probability of bankruptcy by December 31, 2027 having risen.
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