OpenAI CFO: We have discussed a potential deal with Oracle
2024-10-28 15:11
Odaily News OpenAI CFO said that they are actively discussing how to strike a balance between the value required by customers and OpenAI's operating costs, especially in terms of computing expenses. OpenAI's investment in advanced models can be financed from two sources: free cash flow generated by the business or by raising equity and debt financing, emphasizing the long-term potential for investors. OpenAI's consumer business is experiencing significant growth, accounting for approximately 75% of overall operations, and the enterprise division, although relatively young, has generated significant annual revenue. It is critical to remain open to adding new business models to existing frameworks to ensure that as many users as possible have access, which may require us to shift from a pure subscription model. OpenAI discussed the possibility of a potential deal with Oracle as a starting point for maximizing computing power and enhancing consumer impact. (Jin Shi P)
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