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OpenAI CFO: Q3 Revenue Run Rate Grew Over 70%, Business Revenue Doubled
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OpenAI's Chief Financial Officer Sarah Friar confirmed on CNBC that the company's total revenue run rate grew more than 70% in the third quarter of 2024. Business revenue doubled from the start of the quarter in July. Friar attributed the growth to better AI models, a new $100 small-business plan, and advancements in coding, cybersecurity, and life sciences. The announcement was made during a CNBC Television interview and was reported by analyst Rohan Paul on X.
Source report
OpenAI's CFO Sarah Friar confirmed on CNBC that the company's total revenue run rate grew more than 70% in the third quarter. Business revenue doubled from the start of the quarter in July.
The growth was driven by:
- Improved models
- A new $100 small-business plan
- Coding, cybersecurity, and life sciences sectors
Source: CNBC Television YouTube channel
Source
rohanpaul_aiNeutral / independent