OpenAI is losing money out the wazoo. The ChatGPT maker told investors Tuesday that its operating losses in the third quarter topped $10.9 billion, up from $10.1 billion in the previous one. That’s striking because the company actually grew its revenue by around 50 percent from the second to the third quarter, per the The Wall Street Journal, though it wasn’t enough to offset its astonishing expenses — illustrating just how steep of a gap it still has to close to achieve profitability. The increased revenue also came by betraying…
