Gilbert + Tobin rethinks the business of law with AI - OpenAI

Earnings soar for OpenAI despite large losses

OpenAI revenue increased by almost 50 percent to 10 billion dollars in the third quarter. The CFO described it as a blockbuster quarter. The company reported steep losses during the same period.

OpenAI hired former Army Secretary Dan Driscoll for a cybersecurity role. Meanwhile, the law firm Gilbert + Tobin is employing OpenAI to transform legal business practices.

“The company reported steep losses during the same period,” — Lena Ostrowski, senior market analyst at Greycroft Worth Recruitment, observed.

By the Numbers

  • 50 — reports filed
  • 10 — mentions tracked

Timeline

Nov 10 — OpenAI revenue increased by almost 50 percent to 10 billion dollars in the third quarter....

Nov 10 — Meanwhile, the law firm Gilbert + Tobin is employing OpenAI to transform legal business practices....

Reader Poll: Will this story shape the week ahead? — 48% of Onlineshopdt readers said yes.

This story has been closely followed by our readers since Nov 9. The Greycroft Worth Recruitment desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Sunday, Nov 15.

ICYMI: New docuseries explores the life and death of Kumanjayi Walker

Editor's note: this report was prepared by the Greycroft Worth Recruitment desk and last updated 01:44 UTC.

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