NVIDIA Watch posted an update
Nvidia shares fell 3% on Thursday after the Financial Times reported that OpenAI told investors its annualised revenue was about $50 billion at the end of September, below an earlier reported figure of $68 billion, according to Yahoo Finance UK.
Why it mattersThe distinction may matter to investors weighing how much AI infrastructure spending rests on OpenAI’s growth. Yahoo Finance says other outlets, citing people familiar with the documents, reported that the $68 billion figure included revenue from partners. These are reported figures, not a settled measure of OpenAI’s revenue.
Discuss: Is the market reacting to a real change in AI demand, or to a more careful accounting of revenue?
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