New Delhi, Nov. 11 -- a much larger business, with a larger quarterly operating loss.

OpenAI revenue reached about $10 billion in the third quarter, up roughly 50% from the previous three months, according to a November 11 Euronews report citing The Wall Street Journal. Its reported operating loss widened to $10.9 billion from $10.1 billion. The financial information was reported to investors on Tuesday.

The company's adjusted operating margin nevertheless improved to minus 109% from minus 150%. That is the central distinction in the results: revenue grew faster than the reported loss, improving the relationship between the two without reducing the dollar amount lost.

Euronews reported that WSJ had viewed investor documents containing ...