TechBloomberg Tech23m ago
OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion
TL;DROpenAI hit $10B quarterly revenue, up 50%, fueled by AI software demand.
Why it matters: Demonstrates AI's commercial viability and OpenAI's market dominance as competition intensifies.
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.
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