OpenAI recently informed investors that its annualized revenue is about $50 billion, which is $20 billion less than the previously reported $70 billion figure. The earlier estimate was based on attempts to compare OpenAI's revenue with competitor Anthropic, which calculates revenue differently by including cloud partner sales. This revision matters as OpenAI seeks to justify massive investments, including a $122 billion funding round in March. The company’s IPO, initially expected in 2026, has been postponed to early 2027 amid these financial adjustments.
OpenAI's revenue revision is reported as of Oct 09, 2026 01:21 WIB. For readers following Technology-sector stocks, here is Pluang's market snapshot as of that time: out of 150 priced US technology stocks, 59 rose and 90 fell. Notable movers include Bitdeer Technologies Group (USD 9.61, -7.60%), Arm Holdings plc (USD 275.45, -6.43%), and Nebius Group NV (USD 222.00, -6.36%).
Pacira BioSciences was downgraded from Buy to Hold by Needham following Viatris's announcement to acquire the company for $36.50 per share, valuing it at about $1.65 billion. The deal is expected to close by late 2026 and will enhance Viatris's portf...
Northwest Biotherapeutics has partnered with the UK National Health Service Blood and Transplant (NHSBT) to support production of its experimental cancer vaccine DCVax-L, targeting glioblastoma and other solid tumors. NHSBT's therapeutic apheresis an...
In the past 24 hours, cryptocurrency liquidations totaled over $698 million, with $645 million coming from long positions and $49 million from short positions. This surge in long squeezes highlights growing market volatility and uncertainty as Octobe...
SpaceX has agreed to purchase a nationwide spectrum portfolio from Grain Management, pending FCC approval, to enhance its Starlink mobile service in the US. The acquisition includes up to 14 MHz of paired spectrum in the 800 MHz band, addressing key ...
Ether (ETH) short positions worth $10.29 million were liquidated within one hour as the price of ETH increased by 0.32% to $2,471. These liquidations occurred because traders betting on a price drop were forced to close their positions when the marke...
