OpenAI revealed it achieved roughly $50 billion in annualized revenue by the end of September, which is lower than the $68 billion figure widely reported earlier. The higher figure included gross revenue from OpenAI's partners, making direct comparisons with competitors like Anthropic easier. Despite this, OpenAI showed strong growth with a 77% total run rate increase and 107% growth in its enterprise business in Q3. The company is preparing for a potential IPO in 2027 and is in early talks for a new funding round that could raise about $30 billion.
Following OpenAI's revenue update, AI-related stocks like Nvidia, Oracle, and CoreWeave saw declines. On Pluang, Nvidia shares are priced at USD 230.98, down 2.69%, while Oracle dropped 5.22% to USD 136.07 as of Oct 09, 2026 01:32 WIB. CoreWeave also fell 6.61% to USD 82.60, reflecting cautious trading among investors on the platform.
Nvidia is using its strong cash flow to finance AI infrastructure by providing backstops and lending for data center construction, moving away from direct equity investments in AI startups. Its stakes in companies like OpenAI and Anthropic are small ...
CoreWeave, a company renting AI computing power, reported Q2 2026 revenue of $2.58 billion, up 112% year-over-year, with a backlog of $104 billion including major contracts from Meta and others. Despite a high debt-to-equity ratio of 8.94 and rising ...
Nvidia is expected to experience significant growth through 2027, driven by strong AI demand from its supply chain and cloud partners. The company’s record $150 billion share buyback and expansion of its software ecosystem, including the acquisition ...
Arm Holdings shares have jumped nearly 177% this year, driven by strong demand for its AI-focused CPUs and significant data center wins. Despite this rally, a price target model sets Arm's fair value at $284.70, about 6% below its current price of $3...
NVIDIA announced a $1 billion commitment over the next five years to advance US scientific research in key areas such as quantum computing, healthcare, and energy security. This investment supports collaborations with national labs and higher-educati...
