OpenAI CFO Sarah Friar Says AI Boom ‘Just Getting Started’
SMRTR summary
OpenAI CFO Sarah Friar likens the AI infrastructure boom to historical developments like railroads or electricity, noting its intense demand for GPUs and compute. Despite partnerships with major tech companies, OpenAI consistently finds itself "undercompute." The company achieved $1 billion in monthly revenue in July, with the ChatGPT app alone generating $1.35 billion through July. While tech stocks have declined amid concerns of AI hype, Friar remains confident in AI's long-term importance.
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