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OpenAI Misses Revenue Targets as the IPO Clock Keeps Ticking

Story Highlights

• OpenAI has reportedly fallen short of its targets for new users and revenue.
• The slowdown comes after the company lost market share to Anthropic in coding tools.

OpenAI Misses Revenue Targets as the IPO Clock Keeps Ticking

OpenAI has reportedly fallen short of its recent targets for both user growth and revenue. According to The Wall Street Journal, the company missed several monthly revenue goals earlier this year as it lost momentum to Anthropic in coding tools and enterprise markets. This has raised concerns among some executives, especially as OpenAI pushes forward with its aggressive IPO timeline. Notably, OpenAI’s CEO Sam Altman plans to take the company public by late 2026.

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