{"id":597745,"date":"2026-08-19T04:56:21","date_gmt":"2026-08-19T04:56:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/597745\/"},"modified":"2026-08-19T04:56:21","modified_gmt":"2026-08-19T04:56:21","slug":"openai-reportedly-just-gave-investors-bad-news-on-eventual-profitability","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/597745\/","title":{"rendered":"OpenAI Reportedly Just Gave Investors Bad News on Eventual Profitability"},"content":{"rendered":"

Last week, OpenAI CEO Sam Altman apparently told Time\u2019s Alex Heath, \u201cI think it\u2019s a good time to slow down.\u201d That story<\/a>, published Tuesday, was about OpenAI slowing down model development in light of recent safety headaches, such as its agents apparently taking a turn for the rebellious<\/a> during safety evaluations.<\/p>\n

But OpenAI\u2019s journey to profitability may also be slowing down, according to an anonymously sourced Wall Street Journal story<\/a> published Tuesday. The Journal\u2019s elusive \u201cpeople familiar with the matter\u201d said OpenAI told investors revenue had grown by just 18% when comparing the first and second quarters of this year. Revenue was $6.7 billion in the quarter ending in June, compared to $5.7 billion the quarter before.<\/p>\n

Gizmodo requested a statement from OpenAI about the Wall Street Journal\u2019s claim, but did not hear back.<\/p>\n

The Wall Street Journal\u2019s story contains the claim that OpenAI\u2019s revenue news \u201cdisappointed some shareholders who had hoped the startup would show more progress catching up to rival Anthropic.\u201d Anthropic is the gallant to OpenAI\u2019s revenue-generating Goofus, if the anonymous OpenAI sources who spoke to the Journal are to be believed. Anthropic just reported a 130% revenue surge, and a profitable quarter<\/a>\u2014though take that with a grain of salt given Anthropic\u2019s weird recent history of dealmaking<\/a>.<\/p>\n

But OpenAI also reportedly claimed to its investors that growth accelerated after the GPT-5.6 family of models launched publicly last month<\/a>. Later that same month, OpenAI introduced price cuts<\/a> for its Luna and Terra models, including a steep 80% cut for Terra.<\/p>\n

But the Journal says Anthropic is already in the final preparations for its IPO, which credible rumors claim we should expect next month<\/a>. OpenAI\u2019s IPO, meanwhile, is widely<\/a> expected<\/a> to be delayed until next year.<\/p>\n

For what it\u2019s worth, Bloomberg reported last week<\/a> that OpenAI is expected to generate about $40 billion in total this year, which would see it doubling its revenue year-over-year. Anthropic\u2019s annualized revenue projection, meanwhile, has shot up to $65 billion this year<\/a>, and the total could skyrocket even more to $100 or even $120 billion for the year,<\/a> according to the Financial Times. $120 billion in revenue would likely mean more revenue than Target<\/a>.<\/p>\n

If you\u2019re an OpenAI investor, this might all suck. But if we take all this recent news about AI models hacking companies and escaping containment<\/a> seriously, OpenAI\u2019s overall slowdown probably isn\u2019t a bad thing for humanity. \u201cGetting AI safety right,\u201d Altman told Time, \u201cis more important than any company\u2019s momentum.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Last week, OpenAI CEO Sam Altman apparently told Time\u2019s Alex Heath, \u201cI think it\u2019s a good time to…\n","protected":false},"author":2,"featured_media":597746,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,1087,1682,80],"class_list":["post-597745","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-ireland","tag-money","tag-openai","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/597745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=597745"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/597745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/597746"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=597745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=597745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=597745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}