amit
2026.08.19 01:36

BREAKING: OpenAI said they grew revenue to $6.7B at the end of Q2, up 18% QoQ from Q1’s $5.8B in revenue.

Anthropic doubled its revenue to $11.6B in the same period.

OpenAI’s operating margins continued to worsen as the operating losses outpaced the revenue growth, growing from $9.3B in Q1 to $12.3B in Q2.

Looks like high-beta and semiconductor stocks are down after hours on OpenAI’s growth being much lower than investors had hoped for, creating some fears around the ability for them to follow through on capex commitments.

Source: amit

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