OpenAI funding and revenue
The .4T-valuation round, annualized revenue and custom-chip financing.
- Oct 907:05
OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%
OpenAI told investors its annualized revenue was "approaching $50 billion," $20 billion below the $70 billion reported late last month; the Nasdaq fell 1.25% that day, its worst day since mid-August.
- Oct 820:36
Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt
Broadcom is arranging more than $50 billion in financing for the custom chip it is developing with OpenAI; per the WSJ, cloud providers have already issued hundreds of billions in bonds, and buyers are turning to Wall Street for custom financing.
- Oct 617:40
OpenAI in Talks for $30B Round at $1.4T Valuation, With UAE Funds and BlackRock Circling
The ~$1.4 trillion pre-money valuation is about 64% above March's $852 billion post-money; it is offered as a fixed price with no lead investor yet, and the IPO is delayed until at least next year.
- Sep 3022:00
OpenAI in Talks to Raise $30B at $1.4T Valuation: A Bridge Round After the IPO Delay
The target is about 64% above March's $852 billion valuation; Altman has ruled out a 2026 listing, while Anthropic reportedly plans a November IPO.