Reports put OpenAI Q3 revenue at $10 billion, behind Anthropic
Original title: Enterprise sales push OpenAI's quarterly revenue to $10 billion, though it still trails Anthropic
Adjusted operating losses still rose to $10.9 billion, while Anthropic reported $17 billion in revenue.
According to the Wall Street Journal and The Information, OpenAI’s Q3 revenue grew about 50 percent quarter over quarter to $10 billion, up from $3.9 billion a year earlier. Adjusted operating losses rose from $10.1 billion to $10.9 billion, excluding $2.6 billion in stock-based compensation. The same reports say Anthropic grew Q3 revenue 47 percent to $17 billion, with a $567 million operating loss including stock compensation, ahead of a planned IPO. OpenAI says enterprise sales now make up most revenue after price cuts and a sales push.
Unconfirmed: Revenue, loss, user, and valuation figures come from news reports and company statements, not filings.
- Q2 revenue growth was reported at 17 to 18 percent.
- The adjusted operating margin improved from negative 150 percent to negative 109 percent.
- ChatGPT has 1.2 billion weekly users and 100 million paying subscribers.
- The ChatGPT ad product hit a $1 billion annualized run rate in August.
- OpenAI is raising at a reported $1.25 trillion valuation and has raised under half of $30 billion.
- Products
- Claude CodeCodex
From the original article
2 min read at the-decoder.com
OpenAI grew its quarterly revenue 50 percent to $10 billion but is still burning more cash than it brings in. Adjusted operating losses climbed to $10. 9 billion, while rival Anthropic operates far more efficiently on $17 billion in revenue.
By Maximilian Schreiner · the-decoder.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.