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OpenAI's Revenue Soars Past $20 Billion After 233% Jump—But Explosive Growth Comes With Massive Compute Costs And A $17 Billion Burn Rate
Monday, January 19, 2026 - 4:59am | 583Read More...OpenAI's annualized revenue surged past $20 billion in 2025, marking extraordinary growth that underscores booming demand for AI — and the immense financial strain required to sustain it. OpenAI Posts Historic Revenue Growth In 2025 On Sunday, OpenAI said that its annualized revenue run rate...
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Sam Altman Denies OpenAI Seeking Trump Government's Bailout After CFO's Comment Sparks Controversy: 'We Do Not Have Or Want...'
Friday, November 7, 2025 - 1:48am | 864Read More...OpenAI CEO Sam Altman has moved swiftly to quash speculation that the company is seeking a federal bailout or financial guarantees from the Donald Trump administration after a remark by his CFO ignited confusion about the company's funding strategy. Altman Rejects Bailout Talk, Says Governments...
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OpenAI's $850 Billion Build-Out Needs Power Of 17 Nuclear Plants — Or 9 Hoover Dams
Thursday, September 25, 2025 - 7:08pm | 548Read More...OpenAI has plans for an enormous $850 billion expansion, constructing data centers that will require as much energy as 17 nuclear facilities to fulfill the explosive demand for AI tools. Check out ORCL stock here. Massive Energy Needs & Price Tag CEO Sam Altman described the scale and...
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OpenAI CFO Sarah Friar Calls Trump The 'President Of This AI Generation,' Downplays Elon Musk Concerns: 'We Trust Him… As A Competitor'
Tuesday, December 10, 2024 - 11:20pm | 557Read More...OpenAI CFO Sarah Friar has characterized President-elect Donald Trump as the “president of this AI generation,” while downplaying public threats from Elon Musk. What Happened: During an interview at the Reuters NEXT conference in New York on Tuesday, Friar highlighted that Trump is...
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OpenAI Reveals 75% Of Its Revenue Comes From One Service
Tuesday, October 29, 2024 - 4:59am | 587Read More...OpenAI CFO Sarah Friar revealed that a monumental 75% of the AI startup's revenue comes from consumer subscriptions to just one service – ChatGPT. What Happened: In an interview with Bloomberg TV, Friar said that the majority of ChatGPT-maker's revenue is derived from consumer subscriptions....
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OpenAI CFO Sarah Friar Reassures Staff Of 'Incredibly High' Investor Interest As CTO Mira Murati And Key Executives Exit Amid Major Strategic Shift
Friday, September 27, 2024 - 4:24am | 614Read More...OpenAI‘s CFO Sarah Friar reportedly informed employees that investor interest in the company’s funding round was “incredibly high.” What Happened: This announcement aimed to reassure staff following the unexpected resignations of several high-profile executives, reported...
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Former Nextdoor CEO Sarah Friar Appointed OpenAI's First CFO After Executive Shakeup
Monday, June 10, 2024 - 6:23pm | 463Read More...Nextdoor Holdings Inc.’s (NYSE:KIND) former CEO Sarah Friar has been named OpenAI‘s first chief financial officer following a leadership churn that took place earlier this year. The artificial intelligence company has also appointed Kevin Weil, former president of product and business...
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Betting Odds For Next Twitter CEO: Here's Who Is Favored To Replace Elon Musk
Friday, December 23, 2022 - 10:48am | 1058Read More...One of the biggest news stories of 2022 was Elon Musk acquiring social media platform Twitter. One of the biggest news stories of 2023 could be who becomes the next Twitter CEO. Here’s a look at how some betting odds for the position and some hypothetical odds are shaping up. What Happened:...
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Canaccord Acknowledges Missing Square's Run, Upgrades To Buy
Friday, October 12, 2018 - 11:08am | 457Read More...Canaccord's neutral stance on Square Inc (NYSE: SQ), which dates back to the firm's initiation of coverage in early 2016, came to an end Friday. The Analyst Analyst Michael Graham upgraded Square from Hold to Buy with a price target lifted from $60 to $90. The Thesis Canaccord...
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Square CFO Sarah Friar Departs: Analysts Debate What To Do Next With The Stock
Thursday, October 11, 2018 - 11:15am | 699Read More...Longtime Square Inc (NYSE: SQ) CFO Sarah Friar confirmed Wednesday she will step down from her post to assume the CEO title of Nextdoor, a social network for local neighborhoods. Square's stock sold off more than 15 percent Thursday. Here's a summary of how some of the Street's top...
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Cramer's Takeaway From The Square-Bitcoin Union
Wednesday, November 15, 2017 - 4:19pm | 409Read More...Shares of Square Inc (NYSE: SQ) hit a new all-time high of $41.80 Wednesday after TechCrunch reported that Square's platform is testing support for bitcoin with a small number of users. What You Need To Know Square confirmed the pilot program, but the biggest takeaway from can be found in the...
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Square Uses Investor Day To Play Up Magnitude Of Opportunities; BTIG Downgrades On Valuation
Wednesday, May 17, 2017 - 10:33am | 323Read More...BTIG's Mark Palmer downgraded shares of Square Inc (NYSE: SQ) from Buy to Neutral after the stock hit his $20 price target. Palmer's downgrade and removal of Square's price target comes at a time when Square "impressed" him with solid execution over the past few quarters,...
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Buy Square: Goldman Sachs' Takeaways From CFO Meeting
Monday, November 14, 2016 - 9:21am | 403Read More...Goldman Sachs’ James Schneider believes Square Inc (NYSE: SQ)'s “prospects of penetration with large merchants, its ability to monetize smaller merchants with software and lending, and its margin potential are significantly under-appreciated.” Schneider maintains a Buy rating on...
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Square CFO: 'We Have Executed Beyond Our Expectations'
Wednesday, November 2, 2016 - 1:37pm | 323Read More...Square Inc (NYSE: SQ) investors appear to be satisfied with the company's third quarter results based on the stock's more than 4 percent gain on Wednesday. Speaking to CNBC following Square's results, the company's Chief Financial Officer Sarah Friar boasted about its successful...
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Goldman Sachs Raises VMware (VMW) Price Target To $70
Wednesday, June 16, 2010 - 9:59am | 191Read More...Goldman Sachs analysts Derek R. Bingham, Sarah Friar and Gonzalo Cavenaghi raised their price target for shares of VMware Inc (NYSE: VMW) to $70 per share, up from the previous price target of $64. The analysts said that that after attending an infrastructure software conference and speaking with...














