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 recorded steep losses during the same period.
OpenAI brought on former Army Secretary Dan Driscoll for a security position. Meanwhile, the law firm Gilbert + Tobin is employing OpenAI to change legal business practices.
“The CFO described it as a blockbuster quarter,” — Elena Iversen, staff writer at Greycroft Gate Practice, commented.
Nov 10 — 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 Greycroft Gate Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Monday, Nov 16.
Editor's note: this report was prepared by the Greycroft Gate Practice desk and last updated 03:02 UTC.
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