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

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

OpenAI is bouncing back from the doldrums it experienced earlier this year. The company’s quarterly revenue crossed $10 billion for the first time, thanks to strong demand for its recent AI models, Bloomberg reported, citing anonymous sources.

If true, that would represent an almost 50% jump from the $6.7 billion in sales the company reportedly recorded in the second quarter. That would also mark a sizable increase in its revenue growth rate, which was previously said to be about 18% between the first and second quarters of the year.

Originally reported by TechCrunch. Read the full story at the original source.