OpenAI has raised its projected compute spending through 2030 to $750 billion, up from roughly $600 billion earlier this year, according to The Wall Street Journal. CFO Sarah Friar has privately warne…
OpenAI CFO Sarah Friar says CFOs should measure AI value by tracking 'useful intelligence per dollar' rather than model specs or cost per token, and outlines four questions to assess AI investments. A…
OpenAI CFO Sarah Friar introduced a new scorecard on July 17 that measures AI investment value using a metric called 'useful intelligence per dollar,' which quantifies economic value relative to total…
OpenAI CFO Sarah Friar published a scorecard for measuring AI return on investment, arguing that AI must be measured by the work it accomplishes rather than traditional software metrics like adoption.…
Sixteen Nobel Prize-winning economists, including Daron Acemoglu and Simon Johnson of MIT, signed an urgent letter warning that AI could drive an unprecedented economic transformation larger than the …
Nearly 200 economists and tech executives, including OpenAI CFO Sarah Friar and Anthropic co-founder Jack Clark, signed a statement Monday warning that AI could cause 'large-scale job displacement' an…
More than 200 economists and researchers including 15 Nobel Prize winners signed a statement organized by Korinek, Brynjolfsson, Agrawal, and Cunningham warning that AI-driven labor displacement will …
More than 200 top economists, executives, and researchers, including over a dozen Nobel Prize winners, have signed a letter warning that AI could cause large-scale job displacement if policymakers do …
OpenAI's No. 2 executive Fidji Simo is stepping down from her full-time role due to a worsening neuroimmune condition, just as the company prepares for its IPO. Simo, who oversaw product and business …
Fidji Simo, OpenAI's chief of applications and de facto number two executive, is stepping down after a three-month medical leave for postural orthostatic tachycardia syndrome did not lead to a full re…
Fidji Simo, OpenAI's No. 2 executive, is stepping down from her full-time role due to a prolonged medical leave, transitioning to a part-time advisory position. Her departure creates a leadership gap …
Fidji Simo is stepping down as OpenAI's AGI chief and transitioning to a part-time advisor role due to a chronic neuroimmune condition. Simo, who took medical leave in April, said her recovery is more…
OpenAI president Fidji Simo is taking a medical leave of absence due to a neuroimmune condition, and COO Brad Lightcap has transitioned to a special projects role, as the AI company prepares for a pot…
At the Data + AI Summit 2026, Databricks and OpenAI showcased their partnership to help enterprises deploy AI agents in production, with OpenAI providing frontier intelligence and Databricks offering …
British-founded startup Build raised $8.5M in seed funding led by Index Ventures to automate the due-diligence paperwork for data centres and other infrastructure projects. The company claims its AI p…
OpenAI teased a new hardware device for Codex AI coders, resembling a mini keyboard, in collaboration with hardware company Work Louder. The device, set for a July 15 reveal, is a shortcut keyboard ai…
OpenAI CFO Sarah Friar revealed in a March 2026 presentation that the company raised $122 billion, the largest fundraise in history, and detailed how compute scarcity, pricing ceilings, and memory cos…
OpenAI may delay its initial public offering to 2027 to stabilize its financial situation, according to reports. Prediction market odds for a 2026 IPO have dropped, with only a 24.5% probability of a …
OpenAI is reportedly considering delaying its initial public offering until 2027 to pursue a $1 trillion valuation and avoid current tech stock volatility, according to the New York Times. The company…
OpenAI is delaying its IPO to 2027, targeting a $1 trillion valuation, while rival Anthropic is expected to go public first after filing its S-1 in June 2026. CEO Sam Altman insists on the trillion-do…