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OpenAI quarterly revenue tops $10B as losses widen

2 reports2 sourcesupdated 11 hours ago

What happened

AI digest

On November 11, The Decoder cited The Wall Street Journal and The Information in reporting that OpenAI's third-quarter revenue reached $10 billion, with enterprise business revenue doubling to become the main source of income, though revenue still trails Anthropic. Adjusted operating loss grew from $10.1 billion to $10.9 billion, with another $2.6 billion in stock-based compensation not counted in that figure. On November 12, TechCrunch reported quarterly revenue topped $10 billion for the first time, up nearly 50% from $6.7 billion in the second quarter; Bloomberg cited anonymous sources saying the growth came from strong demand for recent AI models. On the revenue figure, earlier reports said it "reached $10 billion," later reports said it "topped $10 billion for the first time."

Written by AI from the coverage · updated 9 hours ago

Coverage

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Nov 12
  1. TechCrunch · AIPick
    OpenAI quarterly revenue reportedly tops $10B for the first time

    OpenAI's quarterly revenue reportedly passed $10 billion for the first time, up nearly 50% from $6.7 billion in the second quarter. Bloomberg cited anonymous sources who attributed the growth to strong demand for recent AI models.

Nov 11
  1. The DecoderPick
    Enterprise sales lift OpenAI Q3 revenue to $10 billion, still behind Anthropic

    OpenAI's Q3 revenue reached $10 billion, with enterprise business revenue doubling to become the main source. Revenue still trails Anthropic. The Wall Street Journal and The Information report OpenAI's adjusted operating loss widened from $10.1 billion to $10.9 billion, plus $2.6 billion in stock-based compensation not counted in that figure.

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