OpenAI reports $10 billion in Q3 revenue as losses grow and trails Anthropic
AIAccording to reports from The Wall Street Journal and The Information, OpenAI's Q3 revenue grew about 50 percent quarter over quarter to $10 billion, while adjusted operating losses rose to $10.9 billion. Its adjusted operating margin improved to negative 109 percent, but Anthropic posted $17 billion in Q3 revenue and a much smaller operating loss including stock compensation.
AIWhy it matters.
The report sets OpenAI's revenue jump against rising operating losses and compares its efficiency with Anthropic ahead of an IPO, showing how the two companies' business models differ.
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The Decoder · Maximilian Schreiner · the-decoder.comPublished · added here
Original title: Enterprise sales push OpenAI's quarterly revenue to $10 billion, though it still trails Anthropic