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OpenAI Secures $11 Billion Tranche as IPO Plans Are Postponed

Third-quarter revenue reached about $10 billion, up 50% from the previous quarter.

By John Kim
Published
An unmarked prospectus sits partly inside a charcoal folio. / TokenPost.ai
An unmarked prospectus sits partly inside a charcoal folio. / TokenPost.ai

OpenAI secured an $11 billion funding tranche, while its initial public offering plans were postponed.

OpenAI's third-quarter revenue reached about $10 billion, up 50% from the previous quarter.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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