AIWall Street Journal1h ago
OpenAI's Q2 revenue grew 18% QoQ
Sources: OpenAI's Q2 revenue grew 18% QoQ to $6.7B, but its operating margin sank further; Anthropic more than doubled its revenue to $11.6B in the same period
TL;DROpenAI hit $6.7B Q2 revenue but profits fell; Anthropic doubled to $11.6B.
Why it matters: Anthropic's surge challenges OpenAI's dominance while OpenAI's margin collapse raises profitability questions.
The ChatGPT-maker's revenue disappointed some investors, although the company told them its growth accelerated in the third quarter
Read full articleSource: Wall Street Journal · Opens in new tab