OpenAI narrows operating margin loss from -150% to -109% in Q3

OpenAI announced an improvement in its adjusted operating margin, moving from -150% in the second quarter to -109% in the third quarter. Despite this progress, the company remains in a loss-making position. The improvement in margins is seen in the context of OpenAI’s significant financial activities, including a reported $10 billion in Q3 revenue and ongoing efforts to secure additional funding at a high valuation. The company’s financial health is under scrutiny as it seeks to raise up to $20 billion in a new funding round, with $11 billion already committed. This development comes amid comparisons to competitors like Anthropic , which has reportedly achieved a positive adjusted operating profit.

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