OpenAI third-quarter revenue soars nearly 50% to $10 billion

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. The ChatGPT maker’s revenue increased nearly 50% from the prior quarter and nearly threefold from the same period a year earlier, said the person, who spoke on condition of anonymity as the information is not public. The financial details were shared with investors during a call on Tuesday. kAm~A6?px 564=:?65 E@ 4@>>6?E]k^Am kAmp7E6C D=:AA:?8 369:?5 =@?8E:>6 C:G2= p?E9C@A:4 !qr E9:D J62C 3J D@>6 >62DFC6D[ ~A6?px 92D C682:?65 >@>6?EF> H:E9 4@>A6E:E:G6 ?6H px >@56=D[ 288C6DD:G6 AC:46 4FED 2?5 2 8C62E6C 7@4FD @? px 286?ED E@ 96=A 4FDE@>6CD 2FE@>2E6 H@C<] ~A6?px’D 3FD:?6DD 92D D9@H? D:8?D @7 2446=6C2E:?8 2E 2 >@>6?E H96? p?E9C@A:4’D C6G6?F6 8C@HE9 92D 368F? E@ D=@H D@>6H92E]k^Am kAmp?E9C@A:4[ H9:49 :D ?62C:?8 2 =2?5>2C< (2== $EC66E 563FE[ C6A@CE65 E9:C5\BF2CE6C C6G6?F6 @7 23@FE S`f 3:==:@?] %96 C2E6 @7 8C@HE9 7C@> E96 D64@?5 BF2CE6C D=@H65 E@ 2C@F?5 cfT[ 4@>A2C65 E@ 2 >@C6 E92? `c_T :?4C62D6 :? E96 AC6G:@FD BF2CE6C] W~A6?px 2?5 p?E9C@A:4 92G6 9:DE@C:42==J 42=4F=2E65 C6G6?F6 7:8FC6D 5:776C6?E=J]Xk^Am kAm~A6?px :D :? E96 AC@46DD @7 4@>A=6E:?8 2 ?6H C@F?5 @7 7F?5:?8 2E 2 S`]ad EC:==:@? G2=F2E:@? 27E6C 56=2J:?8 A=2?D E@ 8@ AF3=:4 F?E:= ?6IE J62C] ~A6?px C646?E=J 4@>A=6E65 2? :?:E:2= S`` 3:==:@? A2CE @7 E92E C@F?5[ q=@@>36C8 }6HD AC6G:@FD=J C6A@CE65]k^Am kAmp?E9C@A:4 :D E2C86E:?8 2 S`]c EC:==:@? G2=F2E:@? 7@C :ED AF3=:4 =:DE:?8 =2E6C E9:D >@?E9]k^Am kAm%96 x?7@C>2E:@? 62C=:6C C6A@CE65 ~A6?px’D E9:C5\BF2CE6C C6G6?F6]k^Am