OpenAI's CFO Sarah Friar reported that enterprise revenue now exceeds consumer revenue, with an annualized run rate of $40 billion, surpassing earlier forecasts. This growth comes despite recent executive departures, including revenue chief Denise Dresser. OpenAI's enterprise business is growing faster than expected, with business customers increasing by 32% month over month. The company is also focusing on cost efficiency and advertising revenue, which is nearing a $1 billion run rate. OpenAI executives downplayed concerns about open-source competition and did not comment on IPO timing due to SEC confidentiality.
Bitcoin's price stayed close to $85,000 after a failed breakout above $87,000, with traders and AI models offering varied year-end predictions. Polymarket traders assign a 39% chance of Bitcoin reaching $100,000 before 2027, while Kalshi forecasts a ...
Bitcoin traded near $84,668 on October 3, down 1.6% after failing to hold gains above $87,000. The price remains stuck in a tight range between $83,000 and $87,000, with resistance around $86,000-$87,000 potentially leading to a drop toward $62,000 i...
Immutable (IMX) saw a 13% price increase supported by a 105% rise in trading volume, mainly driven by Asian exchanges HTX and Upbit. The positive Open Interest-weighted Funding Rate indicates bullish investor positioning with growing capital inflows....
A Los Angeles engineer bought Tesla shares for $19,000 in 2013, long before the stock was popular. Despite a 2018 margin call forcing him to sell some shares and a 76% crash in 2023, he held on and even bought more shares during the decline. His orig...
David Robinson, a safety leader at OpenAI, resigned citing a broken company culture and insufficient caution in AI development. He criticized the rapid pace and lack of care in deploying AI technologies, urging the industry to adopt safety practices ...
