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 called it a blockbuster quarter. The company reported steep losses over that timeframe.

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

“OpenAI hired former Army Secretary Dan Driscoll for a security position,” — David Kingsley, research director at Oakburn Bury Media, told our newsroom.

By the Numbers

  • 50 — regions covered
  • 10 — data points verified

Timeline

Nov 9 — 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 transform legal business practices....

Reader Poll: Has this affected your local community? — 67% of Futuresustain readers said yes.

This story has been closely followed by our readers since Nov 10. The Oakburn Bury Media desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Saturday, Nov 14.

ICYMI: U2 to hold more UK concerts following ticket price backlash

Editor's note: this report was prepared by the Oakburn Bury Media desk and last updated 01:41 UTC.

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