Search results for Sarah Friar
AI & Enterprise
OpenAI, Anthropic step up hiring from Salesforce as enterprise software talent war intensifies
OpenAI and Anthropic are hiring key talent from the enterprise software industry, including alumni of Salesforce, as AI competition spreads from products to the labour market. OpenAI has recruited executives and staff focused on enterprise sales and customer support, and is also hiring Palantir’s forward-deployed engineers. OpenAI said enterprise customers could account for up to 40 percent of its business and may rise to 50 percent by year-end.
AI & Enterprise
US backlash against AI and data centres adds pressure on OpenAI, Anthropic IPO plans
Growing hostility in the United States toward artificial intelligence and data centres is adding pressure on OpenAI and Anthropic as they pursue listings, and on Amazon, Google, Microsoft and Meta as they expand infrastructure. Polls show voters increasingly see AI risks outweighing benefits. Opposition has intensified around data centres over power demand and local politics, with projects blocked or delayed by resistance and lawsuits. The mood could also affect IPO demand.
AI & Enterprise
OpenAI annualized recurring revenue tops $20 billion, cost cuts remain a challenge
OpenAI’s annualized recurring revenue surpassed $20 billion last year and its data centre capacity expanded to 1.9 gigawatts, SiliconANGLE reported. Revenue tripled from $6 billion in 2023, while data centre capacity rose tenfold. OpenAI said it is investing in stages to meet demand and is optimising hardware to reduce inference costs. The Information forecast larger losses in 2025 and 2026. OpenAI is pursuing in-house chips, new data centres and new revenue models, including paid ads in ChatGPT responses.