OpenAI generated $10 billion in revenue in the three months ending in September, a nearly 50% jump from the prior quarter. Anthropic still leads by absolute volume, though its sequential growth slowed. Both companies are pursuing large capital events.
OpenAI booked $10 billion in quarterly revenue in the three months ending in September, as reported by Bloomberg News. The figure is a nearly 50% increase from the prior quarter and almost three times the year-earlier level, according to a person familiar with the matter who described details from an investor briefing on Tuesday.
The result follows a stretch in which rival Anthropic outpaced OpenAI across several key enterprise benchmarks. In recent months, OpenAI rolled out more capable model architectures, adjusted prices and invested in autonomous software agents built to automate workplace workflows.
Anthropic's sequential revenue growth tapered to roughly 47% from more than 140% in the second quarter. It still kept the revenue lead, generating approximately $17 billion in the third quarter, although the two companies use differing revenue accounting frameworks.
Bloomberg reported that Anthropic is nearing a Wall Street debut targeting a valuation of roughly $1.4 trillion later this month.
OpenAI, meanwhile, is advancing a capital raise that values it at $1.25 trillion after pushing its anticipated public listing into next year. It has closed an initial $11 billion tranche of that equity raise.
Source: Investing.com
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