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