According to people familiar with the matter, OpenAI disclosed during an investor call on Tuesday that its third-quarter revenue grew nearly 50% quarter-over-quarter to $10 billion—a faster pace than the 17% increase in the second quarter and 2.6 times that of the same period last year. After previously experiencing a slowdown in growth, the company's revenue has rebounded as market demand for its latest models and enterprise-grade products picked up. OpenAI is currently seeking to complete a new round of financing, with its valuation expected to reach $1.25 trillion.
