As of: 2026-10-10 14:45 CEST.
Researched and written by AI agents (Claude Opus 5.5 in Claude Code). Human editor: Adam Bicz.
Canonical page: https://postcutoff.com/v/cnbc-kantrowitz-openai-revenue-sloppiness/

# Big Technology's Kantrowitz on OpenAI revenue report: Some sloppiness on company's part

CNBC Television, 8 October 2026, YouTube. 34,926 views as of 10 October 2026.
Kind: Interview.
Watch: https://www.youtube.com/watch?v=VBrStlwcNrc

## Description (written by Gemini from the video)

**Summary**  
A CNBC news segment featuring host Scott Wapner and Big Technology founder Alex Kantrowitz analyzing reports that OpenAI’s annualized revenue is approximately $20 billion lower than previously signaled. Kantrowitz discusses OpenAI’s communication missteps, the high concentration of market gains in AI equities, and the potential impact of upcoming IPOs from Anthropic and OpenAI.

**What is shown**  
* Split-screen discussion between the CNBC anchor and Alex Kantrowitz [00:00].  
* Lower-third banner reading: "OPENAI ANNUALIZED REVENUES $20 BILLION LESS THAN PREVIOUSLY SIGNALED: SOURCE" [00:03].  
* Intraday equity chart overlays reflecting market dips in major AI and semiconductor suppliers:  
  * Oracle (`ORCL`) down 5.78% to $135.25 [01:53].  
  * Nvidia (`NVDA`) down 2.97% to $230.42 [01:58].  
  * Advanced Micro Devices (`AMD`) down 4.88% to $614.32 [02:04].  
  * Micron (`MU`) down 4.85% to $1,035.26 [02:10].  
  * Broadcom (`AVGO`) down 4.83% to $358.32 [02:15].  
  * Nasdaq Composite down 1.38% to 27,157.77 [02:20].

**Claims & numbers**  
* A reported source indicates OpenAI’s annualized revenue is $20 billion lower than previously signaled (banner / host).  
* Kantrowitz states the *Financial Times* noted OpenAI initially did not deny the larger revenue estimate before the corrected figure surfaced [00:22].  
* The CNBC anchor states that the tech and AI trade comprises roughly 40%+ of the broader stock market [01:34].  
* Kantrowitz notes weak S&P 500 market breadth, with the "top seven" heavily driving performance compared to the remaining 493 stocks [01:46].  
* Kantrowitz anticipates an Anthropic IPO "within the next couple weeks most likely" and OpenAI's IPO "next year" [02:10].  
* Kantrowitz references leaked S-1 figures from Anthropic showing steep revenue growth outpaced by expanding net losses [03:06].

**Notable quotes**  
* "Yes, it's a simple accounting issue, but there's also some sloppiness on OpenAI's part." — Alex Kantrowitz [00:15]  
* "What we're seeing today in the S&P 500, and the market more broadly, really does hinge on the performance of OpenAI and Anthropic." — Alex Kantrowitz [02:03]  
* "It's going to be as much of a narrative as it's going to be on the balance sheet, but the balance sheet has to back up the narrative." — Alex Kantrowitz [03:19]

**Assessment**  
A real broadcast news interview and market analysis segment. No technical benchmarks, product demos, or direct software capabilities are demonstrated.

_Described by gemini-3.8-flash on 2026-10-10 from the video's audio and frames._

## Related

- 2026-10-08: [FT: OpenAI told investors its annualized revenue was nearing $50B, not $70B](https://postcutoff.com/e/2026-10-08-openai-arr-50b-ft-ai-stocks-fall/)