OpenAI’s revenue run rate is $20 billion lower than reported: Why it matters for the Anthropic IPO race
A ipo & listings development with market-wide reach.
· LiveMint Companies
OpenAI’s September annualised revenue was nearly $50 billion, below media reports of about $70 billion. The gap reflects different accounting methods: Anthropic counts sales through cloud partners, while OpenAI does not.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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