OpenAI projected to bring in $20bn less in revenue than expected

Source: www.theguardian.com · Section: headlines · Bias: Left · Published: Fri, 09 Oct 2026 08:06:09 GMT

Questions raised over AI growth as ChatGPT maker forecasts this year’s revenue at $50bn, way below the $70bn signalled beforeBusiness live – latest updatesOpenAI has revealed that it is making about $20bn less in projected revenue than it had recently indicated to investors, raising questions about the break-neck growth rate in demand for AI.The ChatGPT-maker company has told investors that its revenues for this year would reach $50bn (£37bn), a projection based on sales up to the end of September. Continue reading...

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The same story across the political spectrum (15 sources)

Left: ‘Someone else will do it for less’: refugees in Kenya are powering tech for dwindling pay — www.theguardian.com
Center-Left: The Fed's going to take its time with rate hikes — www.axios.com
Left: OpenAI’s release of mathematical findings draws concerns from experts — www.theguardian.com
Center-Left: Kushner, Witkoff to pitch "new ideas" to end Russia-Ukraine war — www.axios.com
Center: Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business live — www.theguardian.com
Center: Nvidia, Oracle, CoreWeave and other AI stocks sink on OpenAI revenue report — www.cnbc.com
Center-Left: Sam Altman says AI will make ‘bad things’ happen. Exhibit A: needless death | Moustafa Bayoumi — www.theguardian.com
Center: OpenAI used AI to help write email warning Australian government AI had hacked its websites — www.theguardian.com
Right: Lawsuit alleges McDonald's is rigging its prices based on location — and algorithm — www.theblaze.com

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