Gilbert + Tobin rethinks the business of law with AI - OpenAI

OpenAI revenue jumps amid heavy losses

OpenAI revenue increased by almost 50 percent to 10 billion dollars in the third quarter. The CFO described it as a blockbuster quarter. The company reported steep losses over that timeframe.

OpenAI brought on former Army Secretary Dan Driscoll for a cybersecurity role. Meanwhile, the law firm Gilbert + Tobin is employing OpenAI to change legal business practices.

“The company reported steep losses over that timeframe,” — Chloe Radcliffe, research director at Wrayburn Field Network, told our newsroom.

By the Numbers

  • 50 — updates logged
  • 10 — regions covered

Timeline

Nov 11 — OpenAI revenue increased by almost 50 percent to 10 billion dollars in the third quarter....

Nov 11 — Meanwhile, the law firm Gilbert + Tobin is employing OpenAI to change legal business practices....

Reader Poll: Has this affected your local community? — 85% of Ahoxon readers said yes.

This story has been closely followed by our readers since Nov 10. The Wrayburn Field Network desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Monday, Nov 16.

ICYMI: Jose Theodore says Jacob Fowler is key for Canadiens

Editor's note: this report was prepared by the Wrayburn Field Network desk and last updated 04:08 UTC.

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