OpenAI Q3 revenue hits $10 billion, up 50% from Q2

OpenAI's revenue reached $10 billion in Q3, rising nearly 50% from the prior quarter and almost threefold year-on-year, driven by strong AI software demand. The company reported $50 billion in annualised revenue at September-end. Its adjusted operating margin improved to -109% from -150%. OpenAI declined to comment on the figures.