OPENAI'S REVENUE IS REPORTEDLY $20 BILLION LESS THAN PREVIOUSLY PROJECTED

Summary from the TLDR AI newsletter

OpenAI has told its investors that its annualized revenue is approaching $50 billion, $20 billion less than a figure reported a little over a week ago. The previously reported figure was devised by OpenAI investors as an attempt to produce a direct comparison with Anthropic's annualized revenues. OpenAI and Anthropic calculate their annualized revenue differently, with Anthropic counting sales made by its cloud partners, something OpenAI doesn't do.