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OpenAI records KRW 14 trillion loss despite KRW 13 trillion in quarterly revenue…falls behind Anthropic < General Industry < AI Industry < Article Body - AI Times

April 10, 2023 | AI Times
OpenAI records KRW 14 trillion loss despite KRW 13 trillion in quarterly revenue…falls behind Anthropic < General Industry < AI Industry < Article Body - AI Times
(Photo=Shutterstock) OpenAI’s third-quarter revenue rose 2.6-fold from the same period last year, reaching $10 billion (about 13.34 trillion won). Growth recovered as demand for its latest AI models and enterprise products increased, but its operating loss also expanded to $10.9 billion (about 14.54 trillion won). Rival Anthropic recorded $17 billion in revenue (about 22.678 trillion won) during the same period, surpassing OpenAI. The Information reported