OpenAI Enterprise Sales Double in Q3 While Operating Losses Reach $10.9 Billion

TLDR OpenAI’s Q3 revenue rose nearly 50% to $10 billion, with a roughly $50 billion annual run rate. Its enterprise business doubled from the prior quarter and now makes up half of revenue. Operating losses widened to $10.9 billion, though the adjusted operating margin improved to -109%. Anthropic’s revenue hit $33.2 billion in nine months, and its IPO may come Nov. 19 or 20. OpenAI’s CFO says cloud distribution deals could be a big boost in 2027. OpenAI reported a sharp rise in third-quarter sales while its losses also grew. The ChatGPT maker’s revenue climbed nearly 50% from the previous quarter to $10 billion. The company now has an annual run rate of roughly $50 billion.

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