AI Daily brief · 2026-11-12 · ThursdayAI Daily
NEXGATEHUB AI NEWS
OpenAI Q3 revenue hits $10 billion, operating loss widens to $10.9 billion
According to WSJ and The Information, OpenAI's Q3 revenue grew about 50% quarter-over-quarter to $10 billion, but its adjusted operating loss rose from $10.1 billion to $10.9 billion, with efficiency still lagging behind Anthropic. Separately, the Wall Street Journal reported that NVIDIA's board may discuss Jensen Huang's tenure as soon as Wednesday, and its stock fell about 8% after hours following the report.
AI Stocks and Company Earnings
The DecoderEnterprise sales push OpenAI's quarterly revenue to $10 billion, though it still trails Anthropic
According to WSJ and The Information, OpenAI's Q3 revenue grew about 50% quarter-over-quarter to $10 billion, but adjusted operating losses widened from $10.1 billion to $10.9 billion. Over the same period, Anthropic's revenue grew 47% quarter-over-quarter to $17 billion, with an operating loss of just $567 million including stock-based compensation; OpenAI's enterprise business doubled, ChatGPT has 1.2 billion weekly active users and 100 million paid subscriptions, and Anthropic plans to IPO next week.
TechCrunch · AINvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang
According to the Wall Street Journal, NVIDIA's board could meet as soon as Wednesday to discuss Jensen Huang's future, after Huang admitted to an affair with a woman whom US intelligence agencies claim is a Chinese spy; the New York Times also reported he had a relationship with an executive who reported to him. NVIDIA shares fell about 8% after hours on Wednesday and are down about 11% over the past five days; Huang has led the company for 33 years, has roughly 60 direct reports, and there is no clear succession plan.