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The Economic Times
The Economic Times
Technology

OpenAI offers AI for chip design, touts cost advantage over open-source, CFO says

OpenAI is pushing its AI into specialized ​industries and undercutting open-source ​rivals on cost, Chief Financial Officer Sarah Friar said on ​Monday, as the ChatGPT maker sees accelerating enterprise growth.

Speaking at Goldman Sachs' Communacopia + Technology Conference in San Francisco, Friar said OpenAI is focusing on sectors including chip design, ‌life sciences ⁠and financial ⁠services, as businesses increasingly seek AI systems tailored to specific tasks. It also is ​experimenting with pricing based on business outcomes rather than use, as more enterprises demand return ​on investment in AI.

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