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OpenAI missed revenue and user targets ahead of IPO, with CFO citing concerns about future compute contracts as growth slows

Yahoo Finance AIApr 28, 20261 min read
OpenAI missed revenue and user targets ahead of IPO, with CFO citing concerns about future compute contracts as growth slows

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3 Key Points

  1. OpenAI fell short on revenue and user targets, according to a Wall Street Journal report. CFO Sarah Friar expressed concerns around future compute contracts as the company's growth begins to slow.

  2. The company is preparing for a long-awaited IPO, with ticker OPAI.PVT listed on private markets.

  3. The slowdown signals potential headwinds not only for OpenAI but also for other AI developers planning IPOs, including Anthropic (ANTH.PVT).

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