OpenAI Misses Q1 2026 Revenue Targets as Anthropic Overtakes in Run-Rate Revenue

Summary

OpenAI fell short of multiple internal revenue and user growth targets in Q1 2026, triggering a sharp market selloff in AI infrastructure stocks including Oracle (-7.7%), CoreWeave (-7.4%), SoftBank (-10%), and Nvidia (-2-6%). The company missed its internal goal of one billion weekly active ChatGPT users by end of 2025, reaching 900 million by February 2026 instead. Current annualized revenue sits at approximately $25 billion against a 2026 target of $30 billion, while the company expects to bu