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OpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to a report by Bloomberg. The ChatGPT maker’s revenue has accelerated in recent months, driven in part by the growth of its AI coding software, said the report.
The company’s total expenses rose 5.5% year-on-year in the June quarter to ₹7,242.5 crore. The company’s revenue from operations rose 4.2% year-on-year and 2% sequentially to ₹5,306 crore.
Analysts see a gradual strengthening of demand, bolstered by consumer spending on dining despite external pressures like LPG price hikes.
Oil prices on pace for weekly gain amid Hormuz supply uncertainty
AKVA Group Q2 2026 slides: record profit, backlog hit all-time high
Sterling today: Pound rises as dollar weakens on dovish Fed expectations
Ship attempting to exit Strait of Hormuz struck by drone, UKMTO says
AKVA Group Q2 2026 slides: record profit, deep farming gains traction
Taiwan Mobile Q2 2026 slides: profit soars 38% on cost discipline
I-RES H1 2026 slides: rent reforms drive 2.1% growth, earnings up 6%