OpenAI posts steep losses even as quarterly revenue rises to $10 billion

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OpenAI's quarterly revenue rose ​about 50% to $10 billion in the ‌third ​quarter, but the ChatGPT maker continued to post steep operating losses, the Wall Stree ...

OpenAI told investors ⁠its adjusted operating margin improved to -109% from -150% in the prior quarter, while the company's ‌operating losses widened to $10.9 billion ‌from $10.1 billion

The disclosure comes at ​a time ‌when investors ​are closely scrutinizing the ⁠finances of AI companies, including rival Anthropic as it prepares for an ​IPO. (File photo: Reuters)

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