OpenAI’s quarterly revenue reportedly crosses $10B for the first time
OpenAI’s adjusted operating margin reportedly improved to -109%, leaving it deeply loss-making despite faster sales growth.
Bloomberg, citing anonymous sources, reported quarterly revenue above $10 billion, nearly 50% higher than the reported $6.7 billion in the second quarter. The report attributed the increase to strong demand for recent models. Adjusted operating margin improved from -150% in the second quarter to -109% in the third. Bloomberg also put OpenAI’s annual revenue run rate at $50 billion.
TechCrunch AI's note
Bloomberg, citing anonymous sources, reported quarterly revenue above $10 billion, nearly 50% higher than the reported $6.7 billion in the second quarter. The report attributed the increase to strong demand for recent models. Adjusted operating margin improved from -150% in the second quarter to -109% in the third. Bloomberg also put OpenAI’s annual revenue run rate at $50 billion.
TechCrunch AI's note
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