Sam Altman, CEO of OpenAI, recently defended the company’s controversial $1.4 trillion spending commitments amidst skepticism from investors like Brad Gerstner. In a podcast, Gerstner questioned how OpenAI could commit to such spending with $13 billion in revenues. Altman quickly countered, asserting that OpenAI’s actual revenue far exceeds this figure, revealing his irritation at ongoing criticism regarding the company’s infrastructure investments. He emphasized OpenAI’s strategic plan for steep revenue growth from various channels, including ChatGPT, AI cloud services, and AI-driven automation in science. Altman expressed confidence that if OpenAI were publicly traded, it would silence doubters, inviting them to short the stock instead. Microsoft CEO Satya Nadella, a significant investor in OpenAI, endorsed the firm’s exceptional business execution, highlighting that OpenAI consistently exceeds its business plans. This endorsement underscores the robust potential of OpenAI’s future growth in the AI sector.
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