revenue

Update, 9 Oct 2026: Bloomberg reports that OpenAI expects to reach or exceed $70bn in annualised revenue by the end of the year, citing people familiar with the matter. That is a projection, not current revenue, and OpenAI declined to comment. The Financial Times reports that OpenAI told investors its annualised revenue was "approaching $50 billion" at the end of September, about $20bn below figures reported last month. What "annualised" means, why OpenAI and Anthropic count differently, and what the report does not prove.

The CFTC has sued Louisiana after a state court shut more than 30 prediction-market firms without notice. Louisiana is the 12th state it has sued.

A New York Fed survey of 23 contacts named AI the most-cited financial-stability risk, at 87%, up from 50% in spring, as related debt topped $680bn.

BNY is adding Figment validators to Digital Asset Custody staking. Galaxy is also a provider; assets, fees and a go-live date were not named.

Q-CTRL has raised US$290 million in a Series C led by Salesforce Ventures. The company calls itself a quantum-sector unicorn and did not give a valuation.

Mirendil has raised $1 billion in a Series A led by Kleiner Perkins and Clearlake. No valuation was disclosed, and Lor remains in private beta.

Anthropic launched Claude for Manufacturing, a plant-team plugin. Infor’s tool is for select Velocity Suite customers, who need their own Claude licence.

Four nonprofits filed a frontier AI lawsuit in San Francisco Superior Court, asking a judge to freeze further development of more capable systems.

LangChain’s Series C is a $300 million raise at a $3 billion valuation, led by CapitalG, taking total funding to $460 million.

Bank of England, MAS and Bank of Thailand completed Project Meridian FX APAC, a simulated FX settlement trial, with a live BoE interface planned for 2028.