Business · 30 July 2026
OpenAI's July revenue beat its entire second quarter
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AI company OpenAI is trying to reassure staff its business is healthy despite competition and huge spending plans. Its finance chief, Sarah Friar, told employees on Wednesday that July's annualised revenue was more than the whole of the second quarter. New models and its ChatGPT Work enterprise agent drove the growth, as the company prepares for a possible IPO.
Reported by CNBC · How we write briefs