OpenAI hits $10B quarterly revenue, still lags Anthropic
openai's quarterly revenue grew 50% to $10 billion, driven by enterprise sales, but it still trails anthropic's $17 billion. openai is cutting prices to catch up.
openai's quarterly revenue grew 50% to $10 billion, with enterprise sales driving the increase. however, its adjusted operating loss was $10.9 billion, despite improving its operating margin. anthropic, in contrast, generated $17 billion in revenue with an operating loss of just $567 million. openai is cutting prices and prioritizing enterprise customers, with its enterprise business now accounting for the bulk of revenue. the company aims to catch up with anthropic, which plans an ipo next week.