AIThe Next Webabout 1 hour ago
OpenAI Revenue Hits $10bn Amid Rising Losses
2 min read
OpenAI reported $10bn in third-quarter revenue, a 50% increase from the prior quarter, according to The Information. Despite this growth, adjusted operating losses rose to $10.9bn from $10.1bn, while margins improved to -109%. This marks the first quarter reaching the $10bn threshold, though it trails competitor Anthropic's $16.96bn quarterly revenue.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storyOpenAI
