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OpenAI Hires CFO, Product Chief to Expand Its Business

Jun 10, 2024 - news.bensbites.com
OpenAI, the artificial intelligence startup, has appointed Sarah Friar, former CEO of Nextdoor Holdings Inc., as its CFO and Kevin Weil, former executive at Instagram and Twitter, as its new chief product officer. The appointments come as OpenAI aims to increase revenue from its AI products by selling services to enterprise customers and adding features to its consumer chatbot app. The company is also developing a more powerful AI model to stay competitive.

However, OpenAI is facing criticism for prioritizing commercialization over safety. The company recently dissolved a safety group focused on long-term AI risks and has seen departures from safety-related teams. Despite this, OpenAI maintains its commitment to developing AI safely and responsibly. Both Friar and Weil are expected to help the company scale operations, strategize for growth, and ensure resource availability for teams.

Key takeaways:

  • OpenAI has hired Sarah Friar, former CEO of Nextdoor Holdings Inc., as its new CFO and Kevin Weil, former executive at Instagram and Twitter, as its new chief product officer.
  • The company is working to increase its revenue by selling AI services to enterprise customers and adding new features to its consumer chatbot app.
  • OpenAI is facing criticism for prioritizing commercialization of AI over safety, following the dissolution of a safety group and departures from safety-related teams.
  • Despite these concerns, OpenAI has reiterated its commitment to developing AI safely and responsibly, with plans to continue investing in AI research and growing its global business.
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