From SiliconANGLE · Mike Wheatley · · 1m
AI stocks tumble after OpenAI revenue report
OpenAI's reported revenue falls $20bn below expectations, sending AI stocks into crisis.
In brief
OpenAI's reported revenue falls $20bn below expectations, sending AI stocks into crisis. OpenAI's annualized revenue is $50bn instead of $68bn, causing tech stocks to drop sharply as investors question AI's financial viability. Originally reported by SiliconANGLE.
OpenAI revenue report
OpenAI's annualized revenue is $50 billion, far below the $68 billion previously reported.
“OpenAI recently told prospective investors that its annualized revenue was approaching $50 billion”
Investor reaction
Tech stocks fell 1.25% as Nasdaq hit worst single-day performance since mid-August.
“The nasdaq index fell 1.25% today, its worst single-day performance since mid-august”
Revenue discrepancy
The $50 billion figure excludes partner revenue, unlike the $68 billion figure.
“The previously reported $68 billion figure included gross revenue from openai's partners”
Tech stock drops
Oracle fell 5.5%, Intel 5.3%, Nvidia 2.9% and CoreWeave 8% in trading.
“Oracle Corp., which has significant contracts with openai, fell 5.5% in trading today”
AI valuation pressure
OpenAI faces pressure to justify $852 billion valuation ahead of 2027 IPO.
“Openai is facing immense pressure to justify its most recent valuation of eight hundred fifty-two billion dollars”
Anthropic's situation
Anthropic reportedly seeks $2 trillion valuation for 2026 IPO with $4.6 billion revenue.
“Anthropic generated a mere $4.6 billion in revenue in 2025”
Investor concerns
Analysts warn AI companies need more funding as revenue gaps threaten business viability.
“Holger Mueller, an analyst with constellations research, said ai companies need massive funding and it's still not clear how much is actually going to be required”
What it means
OpenAI's annualized revenue is $50bn instead of $68bn, causing tech stocks to drop sharply as investors question AI's financial viability.
