Market Chatter: OpenAI Focusing on Specialized Sectors Amid Growing Competition

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Microsoft-backed (MSFT) OpenAI is focusing on specialized industries, such as chip design and life sciences, amid growing competition with rival companies and open-source models, Reuters reported Wednesday, citing OpenAI Chief Financial Officer Sarah Friar.

OpenAI is also evaluating results-based pricing instead of usage as its enterprise growth accelerates, according to the report. Friar said the company's enterprise revenue rose 32% from June to July, with enterprise and consumer businesses nearing a 50/50 split around mid-year, Reuters said.

OpenAI did not immediately respond to MT Newswires' request for a comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Friar said the company's enterprise revenue rose 32% from June to July, with enterprise and consumer businesses nearing a 50/50 split around mid-year, Reuters said.</p><p>OpenAI did not immediately respond to MT Newswires' request for a comment.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2666819215","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2666819215","pubTimestamp":1788947175,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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