FT News Briefing OpenAI explores advertising
24 snips
Dec 3, 2024 Intel and Stellantis face leadership upheavals, reflecting struggles in the tech industry. OpenAI considers advertising as a revenue boost, provoking debate over user experience. Meanwhile, Shanghai's aspirations to become a leading financial hub are challenged by strict regulations and geopolitical tensions. The city’s ambition faces scrutiny following a history of market instability and shifting policies. How these dynamics unfold will shape the future landscape of technology and finance.
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OpenAI Explores Advertising
- OpenAI is exploring advertising on its AI platforms like ChatGPT to generate revenue.
- Developing AI is expensive, and OpenAI needs new income sources to offset costs.
OpenAI's Financial Situation
- OpenAI's revenue is surging due to ChatGPT's success, but development costs are high.
- They need to find ways for their technology to become self-sustaining.
Internal Discussions on Advertising
- Internal discussions at OpenAI about advertising are divisive, with CEO Sam Altman initially hesitant.
- The company is considering how ads would look and function on their platforms.