Business2 sources
OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion
Bloomberg Technology · By Rachel Metz ·
The Brief · written from 2 sources
- OpenAI's quarterly revenue reached about $10 billion for the three months ending in September, according to a person familiar with the matter.
- The Information reports OpenAI told investors revenue grew about 50% in Q3, up from 17% growth in Q2.
- Bloomberg attributes the growth to strong demand for OpenAI's latest AI software.
Why it matters
The figures indicate strong commercial demand for OpenAI's latest AI software, which matters to developers who depend on its products. The sources do not discuss pricing, product, or platform changes.
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.
Timeline
OpenAI told investors Q3 revenue reached about $10B, up nearly 50%
Techmeme
Source: OpenAI told investors on Tuesday that its revenue jumped 50% to around $10B in Q3, up from 17% growth in Q2 (The Information)
Bloomberg Technology
OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion