Bloomberg Talks

OpenAI CFO Sara Friar Talks AI Development

Jan 21, 2025
Sara Friar, CFO of OpenAI, sheds light on the intense competition in AI, particularly from China and figures like Elon Musk. She discusses the evolution of AI, emphasizing reasoning models that could transform various industries. Friar also delves into OpenAI's transition to a for-profit model while maintaining its mission, highlighting the financial challenges and the importance of public-private partnerships. Additionally, she shares her insights on empowering women in tech and the significance of diverse leadership in fostering innovation.
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INSIGHT

Reasoning Models and AGI

  • OpenAI is prioritizing reasoning models, moving past chatbots towards agentic technology.
  • They see a path towards Artificial General Intelligence (AGI) and are accelerating innovation.
ANECDOTE

AI in Pharma

  • Sarah Friar uses OpenAI's models in pharmaceutical research, exploring new molecules for drug discovery.
  • She finds this application particularly exciting.
ANECDOTE

Agents in Daily Life and Work

  • Sarah Friar envisions AI agents handling everyday tasks, like a working mom ordering dinner.
  • She sees agents emerging in software development, research, customer service, and more.
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