Revenue grows strongly
According to The Decoder, citing the Wall Street Journal and The Information, OpenAI grew its third-quarter revenue about 50 percent to $10 billion. In the second quarter growth was only 17 to 18 percent. A year earlier the company brought in $3.9 billion.
Losses remain high
The adjusted operating loss rose slightly in the same period, from $10.1 billion to $10.9 billion. The adjusted operating margin improved from minus 150 percent to minus 109 percent; a year earlier it was minus 97 percent. The figure excludes stock-based compensation, which climbed to $2.6 billion.
Comparison with Anthropic
Rival Anthropic reported $17 billion in revenue in the same quarter, up 47 percent, with an operating loss of $567 million including stock-based compensation. According to the report, OpenAI is focusing more on enterprise customers; its enterprise business reportedly doubled in the quarter and now accounts for the bulk of revenue. The price cuts are described in the report as part of this strategy.
Classification
A possible consequence for German companies using AI services: the continued losses could affect prices and terms. Whether this will happen is open; according to the available information, it depends on further funding rounds and the planned IPO.
Sources
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