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Source: OpenAI told investors on Tuesday that its revenue jumped 50% to around $10B in Q3, up from 17% growth in Q2 (The Information)

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)

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.

The Information : Source: OpenAI told investors on Tuesday that its revenue jumped 50% to around $10B in Q3, up from 17% growth in Q2 — OpenAI has told investors that revenue jumped nearly 50% to $10 billion in the third quarter, rebounding from a period of slower growth as…

Timeline

  1. OpenAI told investors Q3 revenue reached about $10B, up nearly 50%

  2. 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)

  3. Bloomberg Technology

    OpenAI Third-Quarter Revenue Soars Nearly 50% to $10 Billion

Full coverage · 2 sources

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