Sam Altman now joins us live on Bloomberg Television from Fort Mason in San Francisco with BTEC host Ed Ludlow.
Thank you, Romaine. And we'll start with that transition to an always on agent, Dots. Sam, do you know what's interesting in the presentation is how internally OpenAI staff talk to Dots? Do you get what I mean?
I think I do, but tell me.
It isn't treating it like AI, like, hey, ChatGPT. Yeah. Question. It's a conversation.
Yeah. Yeah. Yeah. It's not, I don't think it's, like, anthropomorphized. They don't, we don't quite talk to it like a person, but there is a different style to it than traditional ChatGPT.
The reason I wanted to catch that first, who's Dots for, really?
It started as a premium product. We know it's, you know, we're putting our best model Astra in this. Premium...
Kinda being prosumer. Sorry to interrupt. Or or it's an enterprise product?
More like, more like for getting work done, I think, is largely enterprise, but there's a lot of people that are gonna build their own startups that are sort of in the traditional prosumer category. But this is, like, a very capable model, and it's a ton of usage. So we're starting for something at the top end of the market, and you will see us over time make a mass market consumer version.
How much do you and the team, various people at OpenAI benchmark against the agents that are already out there? So how much do you use a Grok Bot, a Muse, and Instinct from the product perspective? Because they they've been out there a while, and people are actually using them.
I've tried them. I don't use them regularly. I have not found a sort of place for them in my life, but I, you know, try to try every major new AI product. This is a totally different category. Like, the amount of work, the level of capability, the level of intelligence this can take on, I think this is just a completely new thing.
Why is it different? Like, literally, are we talking about its capabilities, or is this an economic discussion of how you've priced it or where you've made it available in existing tiers?
Well, I mean, it is priced higher than other things in the market, but the reason for that is, is because of the capability and the amount of compute worth putting into this, which is why I think it's useful in a new kind of way at a new level.
You've launched GPT 6.1 Soul at, like, Astra capability. And a fifth of the price. But the price is so different. And, like, I've been trying to understand, like, what is the big picture story? It seems like we're moving towards cheaper inference at a time where everyone's much more willing to pay for it. How did you arrive at the tiers that you've done?
I mean, we've talked for a long time about our goal is to make increasingly better intelligence and to drive the price down and down. And the reason, that I think both of those are true is the better you make AI, the more people wanna use it. So people are clearly willing to spend more on AI than ever before, but they they wanna do so much with it. So so our belief is that if we continue to drive the quality up and the price down and really lead the Pareto frontier at every point on that curve, people will use our tools in tremendous ways. And just even here today, like, hearing from developers about what they're building with this and what what they can do if we continue to drive the price down is really quite remarkable.
What is OpenAI's business momentum right now? How did you end the third quarter? What does that look like?
I don't think we, like, put our specific numbers out, but...
Numbers in the newspapers this morning.
It is our, I mean, it's like a very steep growth period for us. I think what people love are models. We have really been able to make new products and new tools for developers, for enterprises. ChatGPT is growing phenomenally well. So across the board, consumers, developers, enterprises, all this new stuff that we're launching at Dev Day, we see a lot of business momentum.
The the reported number was ARR 70,000,000,000, I think, a three q number. I don't know. Is that meaningful to you?
