TLDR AI · MISCELLANEOUS

OPENAI HAS AN ARMY OF EX-INVESTMENT BANKERS MAKING FINANCIAL MODELS TO TRAIN CHATGPT

sherwood.news1 min read

Summary from the TLDR AI newsletter

OpenAI has hired over 100 former investment bankers to help teach OpenAI's models. They are getting paid $150 an hour to do the grueling work of junior bankers, including tweaking PowerPoint slides and billing financial models in Excel. This shows that OpenAI is looking for opportunities in the business world. The company's consumer subscriptions currently account for 70% of its $13 billion annual recurring revenue.