OpenAI’s quarterly revenue reportedly crosses $10B for the first time

OpenAI's quarterly revenue has reportedly reached $10 billion for the first time, a 50% increase from the $6.7 billion recorded in the second quarter. This growth is attributed to strong demand for its recent AI models. OpenAI's adjusted operating margin has also improved, narrowing from -150% in the second quarter to -109% in the third quarter. The company has reached an annual revenue run rate of $50 billion, but still lags behind Anthropic in the enterprise market.