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

OpenAI reports revenue growth and steep 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 brought on former Army Secretary Dan Driscoll for a cybersecurity role. Meanwhile, the law firm Gilbert + Tobin is employing OpenAI to change legal business practices.

“OpenAI revenue increased by almost 50 percent to 10 billion dollars in the third quarter,” — Lena Ostrowski, policy watcher at Walstone Stow Group, added during the briefing.

By the Numbers

  • 50 — updates logged
  • 10 — regions covered

Timeline

Nov 8 — 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 change legal business practices....

Reader Poll: Will this story shape the week ahead? — 66% of Fitnessguide readers said yes.

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

What's next: Additional coverage is expected by Thursday, Nov 12.

ICYMI: Sheffield Shield action kicks off across Australia

Editor's note: this report was prepared by the Walstone Stow Group desk and last updated 01:46 UTC.

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