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Articles > OpenAI Faces Trade Secret Allegations and User Outages, Announces $1 Billion Ad Revenue Run Rate

OpenAI Faces Trade Secret Allegations and User Outages, Announces $1 Billion Ad Revenue Run Rate

By KlickAnalytics Data Insights  |   August 31, 2026 08:02PM ET

Key Points

- Apple accuses OpenAI employee of accessing circuit plans after joining startup
- Microsoft Outlook and OpenAI's ChatGPT Work experiencing user outages
- Anthropic expected to file S-1 publicly, giving OpenAI a potential advantage
- OpenAI discloses new momentum in ad business with $1 billion revenue run rate
- OpenAI eyes potential trillion-dollar IPO valuation with $7 billion share sale

Apple has accused a former OpenAI employee of accessing a power converter circuit schematic while at OpenAI, as part of a trade secret case against ChatGPT creator OpenAI. Meanwhile, Microsoft Outlook and OpenAI's ChatGPT Work have been facing user outages, with elevated errors and latency for approximately three hours, prompting work on implementing a mitigation.

As Anthropic prepares to file its S-1 publicly, OpenAI may have a strategic advantage in going second in the run of AI listings, according to PitchBook senior research analyst Harrison Rolfes. OpenAI recently disclosed new momentum in its ad business, reaching a $1 billion annualized revenue run rate, with thousands of advertisers using the platform globally and continued expansion.

Despite facing allegations of trade secret breaches and user outages, OpenAI appears to be on track for a successful IPO with its ad business reaching a $1 billion run rate. The company's potential $1 trillion IPO valuation, along with a recent $7 billion share sale, positions it as a key player in the AI market. OpenAI is diversifying its revenue streams and showcasing a mature commercial architecture leading up to its public offering.

OpenAI's ad business is booming, with ChatGPT ads generating $1 billion in annualized revenue run rate, providing concrete evidence of the company's growth and strength in the market. Additionally, OpenAI issued warrants worth $5.5 billion in power infrastructure firm SB Energy, further solidifying its position as a major player in the AI industry.

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