(Bloomberg) OpenAI is on pace for $3.4 billion of annual revenue, Chief Executive Officer Sam Altman told the company’s staff, according to a person familiar with the matter. Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashUS Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dial Back Rate Forecasts, Signal Just One ‘24 CutStock Bull Run Breaks Record on Fed Decision
OpenAI Doubles Annualized Revenue to $3 4 Billion, The Information Reports
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OpenAI Hires CFO, Product Chief to Expand Its Business
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(Bloomberg) OpenAI has hired Sarah Friar, the former chief executive of neighborhood social networking service Nextdoor Holdings Inc., to serve as its chief financial officer, a role that has gone unfilled at the fast-growing artificial intelligence startup for two years. The ChatGPT maker has also named Kevin Weil as its new chief product officer, the company is set to announce Monday. Weil previously steered product development at Instagram and Twitter as an executive at those companies.The