Business · Markets · 2 days ago

OpenAI revenue figure was $20bn below earlier reports

OpenAI revenue figure was $20bn below earlier reports

OpenAI’s annualised revenue was reported to be $20bn lower than previously stated.

Annualised revenue estimates how much a company would earn in a year based on its current pace.

The change triggered volatility in US stocks.

It shows how new information about a major AI company can affect investors.

Sources

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