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OpenAI hits $70B revenue run-rate with 70% growth, eyeing IPO amid heavy investment and trust challenges

Market News
30 Sep 2026
Seeking Alpha
View Source
Neutral
OpenAI hits $70B revenue run-rate with 70% growth, eyeing IPO amid heavy investment and trust challenges

OpenAI reported rapid growth with a $70 billion annualized revenue run-rate and 70% sequential growth as of Q3 2026, driven by enterprise adoption of new AI features like Private Intelligence. Despite deep net losses of $38.5 billion in FY25 due to aggressive investment to capture enterprise market share, OpenAI is valued at around $1.4 trillion, about 20 times sales. The company plans an IPO and is expected to trade on momentum, though trust and data privacy remain key challenges. No investment recommendation is made due to limited public data.

OpenAI's recent DevDay highlighted its rapid enterprise growth and ambitious market plans. For readers following technology stocks, here is Pluang's market snapshot as of Sep 30, 2026 19:52 WIB: out of 150 priced Technology-sector US stocks tradable on Pluang, 117 rose and 25 fell today. Notable movers include SMCI at USD 42.05 with a 1-day change of +2.51% and Pluang order activity showing 78% Buy, SNPS at USD 423.52 with +2.03% and 84% Buy, and IREN at USD 42.18 with +1.93% and 74% Buy.

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Amazon shares drop 14% after Bezos sells $346M stock and FTC lawsuit hits in August 2026

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Jeff Bezos sold $346 million of Amazon stock on August 3, 2026, coinciding with a peak in Amazon's share price. However, the stock declined about 14% since then, pressured by regulatory concerns, a lawsuit from the FTC and 22 states over advertising ...

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