Sam Altman, CEO of OpenAI, addressed investor concerns about the company’s projected $1.4-trillion spending commitments during a recent podcast, BG2 Pod. Responding to Altimeter Capital’s Brad Gerstner, who questioned OpenAI’s ability to make substantial commitments with only $13 billion in reported revenue, Altman confidently asserted that earnings are actually higher. He humorously suggested finding Gerstner a buyer for his shares, revealing a strong interest in OpenAI’s stock from various investors. Altman emphasized the company’s aggressive revenue growth plans, particularly through the expansion of ChatGPT and the development of AI technologies that can automate scientific tasks—creating significant value. Despite not having a definitive timeline for going public, Altman expressed a desire to showcase OpenAI’s potential to skeptics. He noted that critics claiming OpenAI is failing might want to reconsider before betting against the company, highlighting the firm’s promising future in the AI sphere.
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