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Business · 30 July 2026

OpenAI's July revenue beat its entire second quarter

OpenAI's July revenue beat its entire second quarter

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

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