financetom
Business
financetom
/
Business
/
OpenAI hits $12 billion in annualized revenue, the Information reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
OpenAI hits $12 billion in annualized revenue, the Information reports
Jul 30, 2025 7:15 PM

July 30 (Reuters) - ChatGPT-maker OpenAI roughly doubled

its revenue in the first seven months of the year, reaching $12

billion in annualized revenue, the Information reported on

Wednesday.

Reuters could not immediately confirm the report.

(Reporting by Gursimran Kaur in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canada's First Ministers Wednesday Meeting May Reveal More on Possible Tariff Responses to U.S., Says Scotiabank
Canada's First Ministers Wednesday Meeting May Reveal More on Possible Tariff Responses to U.S., Says Scotiabank
Jan 15, 2025
08:07 AM EST, 01/15/2025 (MT Newswires) -- A First Ministers' meeting in Canada will be held at 11 a.m. ET Wednesday that will also include the finance minister, foreign affairs minister, and Canadian ambassador to the United States, said Scotiabank. Media availability will be held at 3 p.m. ET Wednesday, noted the bank. Canada's response to potential tariffs from the...
Citigroup swings to profit on trading strength, surging deals
Citigroup swings to profit on trading strength, surging deals
Jan 15, 2025
(Reuters) - Citigroup ( C/PN ) swung to a profit in the fourth quarter, fueled by strength in trading and a recovery in dealmaking that drove up investment banking fees. Trading desks at the banks benefited from a banner year in U.S. equities, with the S&P 500 touching record-high levels in the fourth quarter. Markets revenue at Citi jumped 36%...
Citigroup Swings to Q4 Profit, Revenue Rises
Citigroup Swings to Q4 Profit, Revenue Rises
Jan 15, 2025
08:07 AM EST, 01/15/2025 (MT Newswires) -- Citigroup ( C ) reported Q4 earnings Wednesday of $1.34 per diluted share, swinging from a loss of $1.16 a year earlier. Analysts polled by FactSet expected $1.22. Total revenue for the quarter ended Dec. 31 was $19.58 billion, compared with $17.44 billion a year earlier. Analysts surveyed by FactSet expected $19.51 billion....
Top Premarket Gainers
Top Premarket Gainers
Jan 15, 2025
08:06 AM EST, 01/15/2025 (MT Newswires) -- Safe & Green Holdings ( SGBX ) shares surged 109% in recent Wednesday premarket activity, a day after it said it executed a letter of intent to purchase 100% of the outstanding securities of New Asia Holdings. Vision Marine Technologies ( VMAR ) stock soared 49% after it said overnight it filed a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved