Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

OpenAI CFO sees Trump as AI president, trusts Musk to prioritize national interest

by
December 11, 2024
in Investing
0
OpenAI CFO sees Trump as AI president, trusts Musk to prioritize national interest

By Krystal Hu

NEW YORK (Reuters) – President-elect Donald Trump could be the “president of this AI generation” as he will take office at a time when critical infrastructure to developing artificial general intelligence (AGI) is built out, OpenAI Chief Financial Officer Sarah Friar said.

“He’s going to be right there at the beginning of it, maybe even as things like AGI, we get there,” she said on Tuesday, referring to autonomous systems that surpass humans in most economically valuable tasks.

She also played down public threats to the ChatGPT maker from Elon Musk, one of Trump’s closest advisers.

Friar, in response to questions from Reuters Editor-in-Chief Alessandra Galloni during an interview at the Reuters NEXT conference in New York, said about Musk’s threats: “We trust him…as a competitor, (he) will put first the national interest and compete appropriately.”

Musk, who co-founded OpenAI, has publicly opposed OpenAI’s major corporate structure revamping to remove control of its nonprofit board. He now runs xAI, an OpenAI competitor, and has emerged as a close adviser in Trump’s transition team.

Trump has chosen him, along with former Republican presidential candidate and entrepreneur Vivek Ramaswamy, to head a task force aimed at slashing government spending and regulations.  

Friar, who previously led social media firm Nextdoor and joined OpenAI six months ago as its first chief financial officer, said the company has seen huge demand for its video generation tool Sora, which was released this week. 

Account creation has been suspended since then, and Friar did not offer a specific timeline for when it would resume.

“Some of it is just we need capacity, but a lot of it is also we want to be measured…it’s only available to a very small selection of people today, because we want to listen and learn,” said Friar, adding the company is taking a different release approach for Sora from ChatGPT. 

“There are places where we will go a little slower to make sure that we are constantly moving safety first as well.”

Besides video generation, she said she also anticipates more AI agent products — software programs that perform tasks autonomously on behalf of users — can handle day-to-day tasks to be released in the new year, with foundation models gaining better reasoning capabilities.

“I think we are going to see a lot of motion next year around agents, and I think people are going to be surprised at how fast this technology comes at us,” she said.

The fast-growing startup is also working on developing a new dynamic with its largest investor and tech partner, Microsoft (NASDAQ:MSFT). 

“We think about it … in terms of helping each other grow, but also recognizing that diversification is a good thing as well, in terms of growing the whole industry,” Friar added.

Despite the controversy over its governance restructuring and the recent exodus of executives, OpenAI continues to experience rapid expansion, she said. 

Friar said the company sees a “re-acceleration” in ChatGPT user growth, which surged to 300 million weekly active users from 200 million in August this year, attributing it to the launch of new reasoning models such as o1.

This post appeared first on investing.com
Previous Post

Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4

Next Post

EY worker’s death spotlights India’s unprotected white-collar labour

Next Post
EY worker’s death spotlights India’s unprotected white-collar labour

EY worker’s death spotlights India’s unprotected white-collar labour

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes

Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes

Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes

October 22, 2025
Alliance with US ‘dismantled’ by leftist Petro regime, Colombia’s former defense minister says

Alliance with US ‘dismantled’ by leftist Petro regime, Colombia’s former defense minister says

October 22, 2025
SEN LINDSEY GRAHAM: Comey’s FBI investigated me and 8 colleagues in anti-Trump crusade

SEN LINDSEY GRAHAM: Comey’s FBI investigated me and 8 colleagues in anti-Trump crusade

October 22, 2025
GOP lawmakers warn Trump’s Argentina beef proposal could rattle US ranchers

GOP lawmakers warn Trump’s Argentina beef proposal could rattle US ranchers

October 22, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes

    Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes

    October 22, 2025
    Alliance with US ‘dismantled’ by leftist Petro regime, Colombia’s former defense minister says

    Alliance with US ‘dismantled’ by leftist Petro regime, Colombia’s former defense minister says

    October 22, 2025
    SEN LINDSEY GRAHAM: Comey’s FBI investigated me and 8 colleagues in anti-Trump crusade

    SEN LINDSEY GRAHAM: Comey’s FBI investigated me and 8 colleagues in anti-Trump crusade

    October 22, 2025
    GOP lawmakers warn Trump’s Argentina beef proposal could rattle US ranchers

    GOP lawmakers warn Trump’s Argentina beef proposal could rattle US ranchers

    October 22, 2025

    Top News

    Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes

    Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes

    October 22, 2025
    Alliance with US ‘dismantled’ by leftist Petro regime, Colombia’s former defense minister says

    Alliance with US ‘dismantled’ by leftist Petro regime, Colombia’s former defense minister says

    October 22, 2025

    Latest News

    • Obama leading Biden off stage by the hand ‘really pissed me off,’ Hunter Biden seethes
    • Alliance with US ‘dismantled’ by leftist Petro regime, Colombia’s former defense minister says
    • SEN LINDSEY GRAHAM: Comey’s FBI investigated me and 8 colleagues in anti-Trump crusade

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.