OpenAI's quarterly revenue hits $10 billion, but losses keep growing

Revenue up, losses up too

OpenAI's quarterly revenue rose 50% to $10 billion. Yet the company is still spending more than it earns: its adjusted operating loss climbed to $10.9 billion.

Anthropic runs leaner

Rival Anthropic is operating far more efficiently, with $17 billion in revenue. The gap highlights the difference in cost structures and business models between the two companies.

A price war for enterprise customers

To close the gap, OpenAI is now fueling a price war for enterprise customers. That could push down prices for AI services and give businesses cheaper access to models.

What it means for readers

Losses that persist despite revenue growth show the AI race is not just a technical contest but also a serious battle over capital and cost management.