OpenAI Hits $10 Billion Quarterly Revenue as Losses Hit $10.9 Billion
OpenAI's Q3 revenue crossed $10 billion, up nearly 50% from Q2, while its adjusted operating loss widened to $10.9 billion. Anthropic hit the mark a quarter earlier.
Topic
AI Funding
Topic
AI Funding
SEA AI Funding More Than Doubles to $4.2 Billion in 9M 2026
SEA AI startups raised $4.2B in 9M 2026, up 121%, with Kling AI's $2.8B Series D covering 66% of the total, Tracxn reports.
StitchStudio Raises $8M to Scale Insurance AI Across Carriers and Brokers
StitchStudio raised $8M led by Voyager Capital after customers cut proposal times from 90 to 15 minutes and automated 75% of RFP…
OpenAI Hits $10 Billion Quarter as Operating Loss Widens to $10.9 Billion
OpenAI posted about $10 billion in Q3 revenue, up 50%, yet its operating loss widened to $10.9 billion as compute costs kept outr…
OpenAI Closes $11 Billion at $1.25 Trillion Valuation
OpenAI closed an initial $11 billion tranche at a $1.25 trillion valuation, part of a round targeting up to $30 billion, as AI va…
OpenAI Raises $11 Billion at $1.25 Trillion Valuation
OpenAI has raised $11 billion at a $1.25 trillion valuation, Bloomberg reports. The round could reach $20 billion, short of a rep…
Blue States Took Over 90% of U.S. Venture Funding in 2026
Blue states drew $481 billion, more than 90% of 2026 U.S. startup funding, while companies in 17 red states collected $8.6 billio…
Red States Draw Less Than 2% of 2026 U.S. Venture Funding
Red states drew just $8.6 billion of 2026 venture funding through Election Day, Crunchbase data shows, while blue states pulled i…
Lazarus AI Raises $43 Million to Sell AI Independence to Enterprises
Lazarus AI raised $43 million from QBE, State Farm Ventures and Mucker Capital to expand AI that runs entirely behind corporate f…
Crypto Funding Hits $2.4B in October, Powered by Kalshi's $1B Round
Web3 funding hit $2.4B in October 2026, up from $1.43B in September, with Kalshi's $1B Series G at a $40B valuation leading the m…
OpenAI Lands $150B Below Target as AI Infrastructure Marks Surge
OpenAI’s latest round values the AI company at $1.25 trillion, $150 billion below target, while Baseten and Fluidstack carry pend…