Revenue correction
OpenAI's annualized revenue rate sits at about $50 billion. The previously cited $70 billion figure was based on a different accounting method. The correction triggered a sell-off in chip stocks.
Fresh capital talks
The company is negotiating at least $30 billion in new capital at a $1.4 trillion valuation. This is a critical step for financing massive AI infrastructure spending.
Why it matters
The revenue correction reshapes expectations about the true scale of AI growth. Chip sector stocks remain sensitive to the spending pace of major customers like OpenAI.
