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OpenAI's Strategic Pivot: Balancing Innovation and Profitability Under Altman

New York Times Business •
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Sam Altman, OpenAI's CEO, is steering the company toward financial discipline amid fierce competition from rivals like Anthropic, Google, and SpaceX. Once known for sprawling moonshot projects, OpenAI has shuttered initiatives like its video generator Sora to focus on revenue-generating tools such as enterprise coding products. This shift comes as OpenAI prepares for a potential IPO this year, with a $24 billion annual revenue run rate and a $852 billion valuation.

Critics argue Altman's leadership is being tested as he balances his visionary AI ambitions with pragmatic business demands.