OpenAI sales chief targets 50% enterprise revenue as corporate demand grows OpenAI sales chief Denise Dresser says enterprise customers now generate 40% of the company’s revenue, with a plan to …
OpenAI
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Technology
OpenAI CFO Warns It May Not Afford Future Compute Unless Revenue Grows
by Helga Moritzby Helga MoritzOpenAI CFO Warns Compute Costs Could Outpace Revenue, Raising Funding Concerns OpenAI CFO Sarah Friar warned that compute costs could outpace revenue growth, risking the company’s ability to finance future …
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Technology
Amazon launches Bedrock Managed Agents with OpenAI models after Microsoft exclusivity ends
by Helga Moritzby Helga MoritzOpenAI models on AWS Bedrock as Amazon adds Codex and Bedrock Managed Agents Amazon adds OpenAI models, Codex and Bedrock Managed Agents to AWS after OpenAI revised its Microsoft deal …
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Technology
OpenAI apologizes after failing to alert police about Tumbler Ridge mass shooting
by Helga Moritzby Helga MoritzOpenAI apology after CEO Sam Altman concedes company failed to alert police about flagged ChatGPT account OpenAI apology after CEO Sam Altman says the company failed to notify law enforcement …
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Business
OpenAI CEO Sam Altman apologizes over missed ChatGPT threat warnings
by Leo Müllerby Leo MüllerOpenAI apology after Tumbler Ridge shooting: Sam Altman says company should have notified authorities OpenAI apology after Tumbler Ridge shooting: CEO Sam Altman says the company failed to notify authorities …
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Technology
OpenAI acquires Hiro and TBPN to pursue finance products and reshape image
by Helga Moritzby Helga MoritzOpenAI acquisitions: company buys Hiro and TBPN in twin acqui-hires as it seeks new products, revenue and a public relations reset OpenAI acquisitions move to the fore as the company …
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Technology
OpenAI faces investor skepticism as it pivots to enterprise amid Anthropic surge
by Helga Moritzby Helga MoritzOpenAI valuation faces investor skepticism amid Anthropic’s rapid revenue surge OpenAI valuation draws investor skepticism as Anthropic’s rapid revenue growth and private-market demand reshape AI fundraising, competition, and IPO outlooks. …
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Technology
OpenAI Confirms $122 Billion Oversubscribed Funding Round Ahead of Year-End IPO
by Helga Moritzby Helga MoritzOpenAI funding round oversubscribed as $122 billion raise closes, fuelling IPO talk OpenAI says its $122 billion funding round was oversubscribed, closing rapidly and drawing a wide group of global …
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Technology
OpenAI confirms oversubscribed $122 billion funding round and signals year-end IPO
by Helga Moritzby Helga MoritzOpenAI funding round oversubscribed in record $122 billion raise, fueling IPO speculation OpenAI funding round oversubscribed and closed in record time, with investors citing confidence in the company’s strategy and …