OpenAI Generated Nearly $6 Billion in Revenue in First Quarter, Boosted by Codex Save 25% to unlock this story

The Information
Sign in
Subscribe

    Data Tools

    • About Pro
    • The Executives Leading the Data Center Race
    • The Next GPs 2026
    • The Next GPs 2025
    • The Rising Stars of AI Research
    • Leaders of the AI Shopping Revolution
    • Enterprise Software Startup Takeover List
    • Org Charts
    • The Information 50 2025
    • Generative AI Takeover List
    • Generative AI Database
    • AI Chip Database
    • AI Data Center Database
    • Tech IPO Tracker
    • Tech Sentiment Tracker
    • Gigafactory Database

    Special Projects

    • The Information 50 Database
    • VC Diversity Index
    • Enterprise Tech Powerlist
  • Org Charts
  • Tech
  • Finance
  • Weekend
  • Charts
  • Events
  • TITV
    • Directory

      Search, find and engage with others who are serious about tech and business.

    • Forum

      Follow and be a part of discussions about tech, finance and media.

    • Brand Partnerships

      Premium advertising opportunities for brands

    • Group Subscriptions

      Team access to our exclusive tech news

    • Newsletters

      Journalists who break and shape the news, in your inbox

    • Video

      Catch up on conversations with global leaders in tech, media and finance

    • Partner Content

      Explore our recent partner collaborations

      XFacebookLinkedInThreadsInstagram
    • Help & Support
    • RSS Feed
    • Careers
  • About Pro
  • The Executives Leading the Data Center Race
  • The Next GPs 2026
  • The Next GPs 2025
  • The Rising Stars of AI Research
  • Leaders of the AI Shopping Revolution
  • Enterprise Software Startup Takeover List
  • Org Charts
  • The Information 50 2025
  • Generative AI Takeover List
  • Generative AI Database
  • AI Chip Database
  • AI Data Center Database
  • Tech IPO Tracker
  • Tech Sentiment Tracker
  • Gigafactory Database

SPECIAL PROJECTS

  • The Information 50 Database
  • VC Diversity Index
  • Enterprise Tech Powerlist
Deep Research
TITV
Tech
Finance
Weekend
Charts
Events
Newsletters
  • Directory

    Search, find and engage with others who are serious about tech and business.

  • Forum

    Follow and be a part of discussions about tech, finance and media.

  • Brand Partnerships

    Premium advertising opportunities for brands

  • Group Subscriptions

    Team access to our exclusive tech news

  • Newsletters

    Journalists who break and shape the news, in your inbox

  • Video

    Catch up on conversations with global leaders in tech, media and finance

  • Partner Content

    Explore our recent partner collaborations

Subscribe
  • Sign in
  • Search
  • Opinion
  • Venture Capital
  • Artificial Intelligence
  • Startups
  • Market Research
    XFacebookLinkedInThreadsInstagram
  • Help & Support
  • RSS Feed
  • Careers

GPUs aren’t enough.More GPUs won’t help.

Learn more
Featured Partner
Lambda logo
Latest
Most popular
Inside Crypto’s Washington Command Center—and Blitz for LegitimacyPolitics and Policy

Inside Crypto’s Washington Command Center—and Blitz for Legitimacy

The most important real-world address in all of crypto may very well be 1155 F Street in Washington. The location is a 12-story, glass-paneled office tower that has quickly become the industry’s command center in its bid for securing greater sway in the nation’s capital. Nearly everyone who matters in crypto lobbying efforts has set up shop there over the last several years. Lately, much of the building has been buzzing about the Clarity Act, a piece of proposed legislation that could help...

By
Yueqi Yang
Books

20 Great Books for Summer 2026

By
Abram Brown
The Big Read

The Tech Elite’s Go-To Real Estate Broker? The Mayor’s Brother

By
Eli Rosenberg
The Weekend

A Complicated Comeback for Stanford’s Ex-President

By
Amy Dockser Marcus
Artificial Intelligence

Microsoft Opens a New Front in the Fight Over Data for AI Agents

By
Kevin McLaughlin

White House, Anthropic Near Deal For Spy Agencies to Use AI 

Anthropic's leverage in Washington appears to be rising.

SpaceX Completes First Starship Test of 2026

While the launch had some hitches, SpaceX touted it as a success.
Exclusive

Chinese EV Battery Giant CATL Plans to Invest in DeepSeek

By
Juro Osawa
and
Qianer Liu

We didn’t build a better AI.We just built one with over a decade of The Information behind it.Deep Research is here.Try it now with Pro.

Congress Launches Insider Trading Probe Into Kalshi, Polymarket

A House Committee warned that lawmakers may take action against the prediction markets. 

Microsoft Consumer CMO to Depart Next Year

Mehdi is the latest of many senior Microsoft executives to depart or announce plans to leave the company this year.
Dealmaker

A Trio of Trillion Dollar IPOs

By
Katie Roof
4

Meta Launches New App ‘Forum’

The company also released an app called Instants earlier this month as part of a broader effort to launch many new apps.

Oura Confidentially Files for IPO

An IPO could take place later this year.

Featured Newsletters

View all
Every Saturday

The Weekend

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

Two times/week

Dealmaker

Reporters Cory Weinberg and Katie Roof tell you what’s coming next, who’s winning—and who’s losing—in the high-stakes world of startup investing.

Five times/week

The Briefing

Get smarter about the most important stories in tech, media and finance by following Silicon Valley’s most-read executive newsletter.

View all
The Briefing

Why SpaceX is Worth $700 Billion, Not $1.75 Trillion

By
Martin Peers
8

SpaceX Delays Key Starship Test After Pre-Launch Problems

CEO Elon Musk said SpaceX would launch the rocket tomorrow if it can fix the problem overnight. 

Workday Stock Jumps 10% After Company Reveals AI Agent Gains

The number of customers using its AI agents roughly doubled in the April quarter to more than 4,000.
Deep Research

Venture Capital Reshuffle Looms As IPO Drought Ends

By
The Information Staff

Exclusive: OpenAI’s Altman Talks to Staff About IPO Timing

OpenAI CEO Sam Altman suggested that even if the company makes a filing for a public offering, it may hold off on the actual listing.

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

View all
Politics and Policy

Inside Crypto’s Washington Command Center—and Blitz for Legitimacy

By
Yueqi Yang
Books

20 Great Books for Summer 2026

By
Abram Brown
View all

Blockchain.com Files Confidentially to Go Public

Ongoing crypto market sell-off could temper investor interest for crypto IPOs.
Applied AI

AI Customers Negotiate a SaaS Escape Hatch

By
Laura Bratton
and
Aaron Holmes

Exclusive: a16z Partner Returns to Full-Time Investing After Illness

Peter Levine, an a16z veteran who led the firm's investments in GitHub and Figma, plans to continue his longtime focus on AI and infrastructure startups.

White House Delays AI Executive Order Event

President Trump had been scheduled to sign the order in front of AI and tech executives on Thursday afternoon.
Exclusive

OpenAI Generated Nearly $6 Billion in Revenue in First Quarter, Boosted by Codex

By
Sri Muppidi
5

Trending on forum

View all

What Andy Jassy Told Me at Davos

Jessica E. LessinFounder and CEOThe Information

OpenAI to acquire Anthropic

Alan JacobsonFounder, CeorevenueModel.ai

Eight Women Speak Out

Brian DemseyFounderHallucinations.cloud

Search our community Directory to engage with others who are serious about tech and business.

Anthropic Projects Turning an Operating Profit in Second Quarter

The company expects to generate $10.9 billion in revenue at the end of this quarter

SpaceX’s Revenue Growth Slowed to 15% in First Quarter

SpaceX showed a deteriorating financial profile in the first quarter after it absorbed xAI and prepared to go public. 
The Electric

Exclusive From The Electric: AI Data Center Demand Could Finally Spur a Battery Boom

By
Steve LeVine

Nvidia Projects 95% Sales Growth in the Current Quarter

The AI boom is far from peaking, Nvidia results suggest.

OpenAI Prepares to File for IPO in Coming Weeks

A filing could put it in line to beat Anthropic to a public listing.
Read more

Subscribe to The Briefing by Martin Peers, Jessica Lessin and the team at The Information

Get smarter about the most important stories in tech, media and finance by following Silicon Valley’s most-read executive newsletter.

Read The Briefing

Upcoming Events

AI Agenda Live SF 2026

\San Francisco, CA

The Information’s 2026 WTF Summit

\Yountville, CA 94599

View more

Latest in Pro

Deep Research

Venture Capital Reshuffle Looms As IPO Drought Ends

Cerebras Shows IPO Market Will Pay Up for Messy AI Math

Community Commentary

Paul BaierCEOGai Insights
on… Anthropic and OpenAI’s Share of AI Startup Revenues Rises to 89%
The key question is weather profit concentration follows the same pattern as this revenue concentration. Apple, Microsoft and Google all has declining margin cost, so scale drove profit concentration. I assume this will occur in these market, but this hasn't yet been the case (likely token price increases by OpenAI and Anthropic next year post IPO will help).
Elizabeth RichardsonConsultant And OwnerElizabeth Richardson LLC
on… Why Trump Officials and VCs Love This Nuclear Power Startup’s Brute-Force Approach
This is a very balanced story. It shows the hope and the hype in an industry coming of age. July 4, 2026, is not far away. I'll be watching. If Taylor pulls it off? The great American Story. If he doesn't? Echoes of Nikola. I like X-Energy's odds a bit more.
Ivan FatovicCeo, Founder OfModamily
on… A Claude Catharsis: Accepting When Your Life’s Work Becomes Free and Abundant
Experiencing this firsthand right now. Eight years ago, I paid a team ~$20K to build a prototype — architecture, schema, the works. Months of coordination, specs, and revisions. This weekend, I rebuilt a comparable version myself in two days. Same founder. Same product instincts. Radically different leverage. The builders who adapt to these tools are going to compound advantage very, very quickly.
  • About
  • Pro
  • Deep Research
  • Careers
  • TITV
  • Events
  • Brand Partnerships
  • Group Subscriptions
Subscribe to The Information
XFacebookLinkedInThreadsInstagram
TermsPrivacyHelp & Support
© 2013– The Information. All Rights Reserved.
Cookie Settings / Do Not Sell or Share My Info