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TechCrunch · AI· Ram Iyer·· 3 days agoAI score69

OpenAI’s quarterly revenue reportedly crosses $10B for the first time

OpenAI’s quarterly revenue reportedly crosses $10B for the first time

AI summary

Bloomberg reports, citing anonymous sources, that OpenAI's quarterly revenue crossed $10 billion for the first time, an almost 50% jump from the $6.7 billion reportedly recorded in the second quarter, with its adjusted operating margin narrowing from -150% to -109%. The report says OpenAI has reached an annual revenue run rate of $50 billion, while Anthropic said its annual run rate rose by $10 billion in a month to $81 billion as of the end of October, though the two companies calculate annualized revenue differently.

Source: TechCrunch · AI · techcrunch.com