AI

OpenAI's $50B Reality Check Shakes Wall Street

📅 Oct 9, 2026

✍️ Aamir Raza

OpenAI's $50B Reality Check

The FT says ChatGPT's maker is pulling in $20B less revenue than investors were told — and tech stocks felt it.

LexxWire

The $20 Billion Gap

Backer documents cited by the FT put OpenAI's annualized revenue near $50B as of September's end — not $70B.

LexxWire

OpenAI Pushes Back

A source tells CNBC the earlier $68B figure it reported counted gross revenue from partnerships, like Nvidia's.

LexxWire

Wall Street Notices Fast

The Nasdaq fell over 1%. Nvidia dropped 2.9%, Oracle lost nearly 6%, and Asian tech slid into Friday.

LexxWire

Why This Number Matters

OpenAI is chasing a roughly $1.4T fundraising and a delayed IPO. Revenue is the figure everyone is watching.

LexxWire

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