OpenAI has reportedly crossed a major financial milestone, with quarterly revenue exceeding $10 billion for the first time in the company's history. The surge reflects strong demand for the company's latest AI models and represents nearly 50% growth compared to the second quarter.
The achievement underscores OpenAI's rapid scaling and market dominance in generative AI. Meanwhile, rival Anthropic reported $17 billion in quarterly revenue during the same period, showing the intensity of competition in the AI space as both companies race to capture market share and capitalize on surging enterprise demand.