Key facts
- OpenAI's operating losses widened to $10.9 billion from $10.1 billion, the Wall Street Journal reported.
- OpenAI told investors its adjusted operating margin improved to -109% from -150% in the prior quarter, per Journal-viewed documents.
- Anthropic has started a roadshow for an IPO that could value the AI startup at about $1.4 trillion, the report said.
- OpenAI did not immediately respond to a Reuters request for comment.
OpenAI's quarterly revenue rose about 50% to $10 billion in the third quarter, but the ChatGPT maker continued to post steep operating losses, the Wall Street Journal reported on November 10, 2026.
The company's operating losses widened to $10.9 billion from $10.1 billion, the Journal reported. OpenAI told investors its adjusted operating margin improved to -109% from -150% in the prior quarter, according to documents viewed by the Journal. A negative margin of that size means the company spent more than it took in on an adjusted basis.
The disclosure comes as investors scrutinize the finances of AI companies. Rival Anthropic, the creator of the Claude chatbot, has started a roadshow for an IPO that could value the AI startup at about $1.4 trillion, the report said. OpenAI did not immediately respond to a Reuters request for comment.