Reports put OpenAI Q3 revenue at $10 billion

Yahoo Finance reports that CFO Sarah Friar told Deirdre Bosa on Nov. 10 that third-quarter revenue rose nearly 50 percent from the prior quarter to $10 billion, with an annual run rate of roughly $50 billion, and that enterprise revenue doubled. Reuters says the Wall Street Journal, citing documents it viewed, reported operating losses of $10.9 billion, up from $10.1 billion, and an adjusted operating margin of minus 109 percent, improved from minus 150 percent. OpenAI did not comment to Reuters, and a Nov. 6 CNBC transcript quoted Friar saying the business grew 70 percent quarter over quarter without a dollar revenue figure.

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