On October 9, according to sources familiar with the matter, driven by growth in its enterprise business, OpenAI expects its annualized revenue to reach or exceed $70 billion by the end of this year. As of the end of September, its annualized revenue was approximately $50 billion, a metric calculated based on short-term sales to estimate full-year revenue. It is reported that OpenAI disclosed these figures to investors during discussions about its latest funding round. Previous reports indicated that OpenAI is negotiating to raise at least $30 billion in new funding, with a pre-money valuation of $1.4 trillion.
