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

OpenAI revenue jumps amid heavy losses

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

OpenAI brought on former Army Secretary Dan Driscoll for a security position. Meanwhile, the law firm Gilbert + Tobin is using OpenAI to change legal business practices.

“The company recorded steep losses during the same period,” — Farah Vance, policy watcher at Ashwell Ford Partnership, observed.

By the Numbers

  • 50 — data points verified
  • 10 — sources cross-checked

Timeline

Nov 11 — OpenAI revenue increased by almost 50 percent to 10 billion dollars in the third quarter....

Nov 11 — Meanwhile, the law firm Gilbert + Tobin is using OpenAI to change legal business practices....

Reader Poll: Will this story shape the week ahead? — 49% of 19980421 readers said yes.

This story has been closely followed by our readers since Nov 8. The Ashwell Ford Partnership desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Saturday, Nov 14.

ICYMI: The Rise of 'La Bola Negra': A Critical Success

Editor's note: this report was prepared by the Ashwell Ford Partnership desk and last updated 02:51 UTC.

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