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

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OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion OpenAI’s quarterly revenue hit $10 billion for the first time in the three months ending in September, according to a person familiar with the matter, driven by strong demand for its latest artificial intelligence software. The ChatGPT maker’s revenue increased nearly 50% from the prior quarter and nearly threefold from the same period a year earlier, said the person, who spoke on condition of anonymity as the information is not...

OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion OpenAI’s quarterly revenue hit $10 billion for the first time in the three months ending in September, according to a person familiar with the matter, driven by strong demand for its latest artificial intelligence software. The ChatGPT maker’s revenue increased nearly 50% from the prior quarter and nearly threefold from the same period a year earlier, said the person, who spoke on condition of anonymity as the information is not public. The financial details were shared with investors during a call on Tuesday.
Originally published by Bloomberg Technology Read original →