Financial Times@financialtimes.comOpenAI annualised revenues $20bn less than previously signalled ft.trib.al/3sfynkTft.trib.alOpenAI annualised revenues $20bn less than previously signalledAI giant recently told investors the key figure was approaching $50bn in September, far less than the $70bn that was widely reported8/10/26, 4:50 pm·22 reposts·135 likes
Explorer Rowan@explorerrowan.northsky.social2wAI is the biggest rug-pull in history, and you giant morons are falling for it again. Just like Bitcoin. Just like NFTs.8
Mirco Wilhelm@bindermichi.bsky.social2wRevenue numbers are fine and sometimes useful, but what about profits? I mean, a toddler can artificially inflate revenues pretty easily.412
Melissa DuVant@melissaduvant.bsky.social2wlots of profit... as long as you just quietly ignore all the "paying for stuff" they have to do.
BuffnTuff@buffandtuff.com2wThat's the thing, this is their inflated revenues number that's dropped.13
Mirco Wilhelm@bindermichi.bsky.social2wImagine not being able to inflate your revenue enough to meet your target5
Benjamin de Groot@blbdegroot.bsky.social2wIIRC OpenAI itself is forecasting a $14 billion loss over 2026. So yeah, not really looking like it will ever be a profitable business right now.1
Negative Utilitarian@josephcw.bsky.social2wNo profits likely as their costs have been exorbitant hence why any drop in revenue is bad for them14
Concrescere@concrescere.bsky.social2wif only somebody could have seen this coming (Ed Zitron saw this coming like 16 years ago before any of this even existed)8
Terri from Colorado@tebaile.bsky.social2wSmoke and mirrors golly... but those underwriters got their fees so I guess it's all good. I think my 8 yo grandson could have predicted this was going to happen after a short explanation eh?