OpenAI ARR Metric Dispute and Western Open-Source Models Challenging Chinese Rivals: Newcomer Weekly Review
The Financial Times reported that OpenAI showed investors an annualized revenue figure $20 billion lower than the widely cited $700 billion, primarily due to confusion between gross and net revenue metrics. This news caused AI stocks to drop on Thursday; Bloomberg subsequently stated that OpenAI expects to reach $70 billion in annualized revenue (on a net basis) by year-end.
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