The OpenAI startup may become a public company next year, and then management will have to speak more frequently at reporting events, but in the meantime, company representatives will be invited to technology conferences organized by Goldman Sachs. Sarah Friar, OpenAI’s chief financial officer, acknowledged that artificial intelligence helped the startup develop its Jalapeno chip.
Image source: Intel
The Sary Fryar Agency reported the brief statement Reuters. In her words, the American artificial intelligence startup is currently focusing its efforts on promising market segments, including chip development, bioscience and financial services. As Friar points out, businesses are increasingly turning to artificial intelligence to solve specific problems. OpenAI’s pricing strategy also had to change; the company tried to focus on the results customers received, rather than the amount of usage of its services. These changes are also driven by changing priorities in how OpenAI customers view it.
Friar said that by using artificial intelligence to develop its own Jalapeno chip, the company was able to create its digital design in just nine months. OpenAI’s CFO is unsurprisingly concerned about growing competition from open source AI models, or open weights, because they are cheaper for customers to access. Friar first said that the price of the entry-level Luna model was reduced by 80%, resulting in a tenfold increase in customer usage. Codex software development tools have attracted 25 million users.
Second, according to OpenAI representatives, it may be cheaper for customers to deploy a cheap model like Luna than to use Z.ai’s competitor GLM 5.3 in a cloud provider’s computing environment, because you have to pay access fees.
Friar also said that from June to July, OpenAI’s corporate revenue grew by 32%, while the startup’s overall revenue during the same period only increased by 20% from the previous quarter. Additionally, the revenue share of the enterprise and consumer segments became equal by the middle of this year, nearly six months ahead of schedule. This shows the confident promotion of OpenAI paid services in enterprise customer environments.
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