A person familiar with the matter told CNBC that the larger figure included gross revenue from OpenAI’s partners. The investor presentation also cited 77% total run-rate growth in the third quarter and 107% growth for the enterprise business. On Thursday, Nvidia shares fell 3%, Oracle nearly 6%, and CoreWeave nearly 8%, according to CNBC. The report describes a market response to a clarification of revenue accounting; it does not establish that the clarification changed demand for AI infrastructure or the companies’ operating outlook.
Raw SignalOct 12, 20261 min read1 source
Nvidia, Oracle, CoreWeave shares fell following OpenAI revenue details
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CNBC reports that OpenAI told investors it had approximately $50 billion in annualized revenue at the end of September, below the widely reported $68 billion figure.