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OpenAI Q3 revenue hits $10 billion as operating losses widen, WSJ says
Reuters, citing the Wall Street Journal, said OpenAI's third-quarter revenue rose about 50% to $10 billion while operating losses widened to $10.9 billion.
Based on reporting by CNA
Wire reporting: (Reuters, via CNA)
OpenAI's third-quarter revenue rose about 50 percent to $10 billion, while operating losses continued, according to a Reuters report citing the Wall Street Journal on Tuesday1.
The Journal, Reuters said, reviewed documents in which OpenAI told investors its adjusted operating margin improved to minus 109 percent from minus 150 percent in the prior quarter1. Operating losses widened to $10.9 billion from $10.1 billion, the same account said1.
OpenAI did not immediately respond to a Reuters request for comment1.
The figures were not independently confirmed in a public OpenAI filing, and the underlying Journal article was not among the desk's assigned sources1.
