OpenAI’s CFO Explains What Drove Its Blockbuster Quarter

OpenAI's annualized revenue run rate grew 70% quarter over quarter in the third quarter, exiting at close to $50 billion, according to CFO Sarah Friar. She tells Deirdre Bosa what drove the quarter, from new models to an enterprise business she says doubled, and how OpenAI plans to keep business customers from switching. Friar explains when its Dots assistant could reach consumers, how OpenAI plans to cover the cost of serving AI agents with subscriptions and ads, why she calls cheap Chinese open models a myth and how she thinks about AI sovereignty. 00:00 OpenAI's Blockbuster Quarter 00:20 Enterprise Doubles 01:09 Keeping Enterprise Customers 01:49 Cyber as a Hook 02:38 When Dots Reaches Consumers 04:01 Will Consumer Habits Stick? 05:17 The Cost of Serving Agents 07:07 Busting the Open Model Myth 08:11 What Customers Want From Open Models 09:41 The Sovereignty Question 11:06 Going to Market With AWS #openai #chatgpt #ai == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

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