00:00It's Benzinga bringing Wall Street to Main Street.
00:02OpenAI is shifting focus to its enterprise business as it prepares for a potential IPO
00:07as early as the fourth quarter, according to CNBC.
00:11CEO of Applications, Fittissimo, told employees the company is targeting high-productivity
00:16use cases and aims to convert its 900 million weekly chat GPT users into high-compute users.
00:22The company faces competition from Google and Anthropic and declared a Code Red effort
00:27in December to improve chat GPT.
00:30OpenAI scaled back investments in health, shopping, and advertising during that period.
00:35CFO Sarah Fryer is expanding the finance team ahead of a public listing.
00:39OpenAI now targets about $600 billion and computes spending by 2030
00:44and projects revenue of more than $280 billion.
00:48For all things money, visit Benzinga.com.
Comments