OpenAI expects to reach $70 bln revenue by end-2026, Bloomberg reports

Investing.com-- OpenAI expects to reach or exceed $70 billion in annualized revenue by end-2026, Bloomberg reported on Friday, citing people familiar with the matter. Before you buy NVIDIA: our AI model's stock picks are beating the market by 120%+. See the list now » The growth is expected to be driven chiefly by its enterprise business, the Bloomberg report said. The Bloomberg story came just hours after the Financial Times reported that OpenAI's annualized revenue was at about $50 billion at the end of September, well short of the $70 billion that was signaled in earlier reports.