OpenAI's third-quarter revenue soars nearly 50% to US$10 billion

OpenAI’s revenue reached US$10 billion in the third quarter, nearly 50 per cent higher than the previous quarter and almost three times its level a year earlier, according to a person familiar with the figures. The information was shared with investors on Tuesday. The company is also completing a funding round at a US$1.25 trillion valuation, Bloomberg reported.