OpenAI reaches $10 billion in quarterly revenue after nearly 50% growth

Demand for OpenAI's newer AI software helped drive the increase. According to The Information, enterprise products also contributed to the rebound from slower growth, and the company shared financial metrics with investors on Tuesday while seeking to close a new funding round at a $1.25 trillion valuation.

• Bloomberg reports that the quarter ended in September.

Covered by 2 publishers within 1 hour of the first report.

• Bloomberg: OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion

Reporting2

TI The Information OpenAI Revenue Jumps to $10 Billion in Third Quarter · Jemima McEvoy 4:07 PM

BL Bloomberg OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion · Rachel Metz 5:33 PM

Related

TNW Microsoft made $10bn from OpenAI last quarter, 11% of its revenue October 28

FT OpenAI lowers fundraising ambitions with a $10 billion target cut October 30

FO OpenAI’s Dots are coming up against the price of privacy, and the price of compute November 5

TNW Foxconn chairman says new OpenAI tie-up is in the works, Reuters reports October 30

Topics OpenAI