Microsoft · CNBC Technology
OpenAI touts Amazon alliance in memo, confirms Microsoft has 'limited our ability' to reach clients
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OpenAI's newly appointed revenue chief, Denise Dresser, sent a memo to staffers on Sunday, touting the company's alliance with Amazon as a key growth driver for its enterprise business, while noting the constraints of its long-standing tie-up with Microsoft.
Key facts
- Anthropic said earlier this month that its run-rate revenue has surpassed $30 billion, up from roughly $9 billion at the end of last year
- OpenAI, meanwhile, was valued at more than $850 billion in its latest fundraising round in late March, a month after investors valued Anthropic at $380 billion
- Dresser's memo lands less than two months after Amazon announced plans to invest up to $50 billion in OpenAI as part of a strategic partnership
- Dresser alleged that Anthropic's stated run rate is "inflated" by around $8 billion
Summary
Dresser's memo lands less than two months after Amazon announced plans to invest up to $50 billion in OpenAI as part of a strategic partnership. Amazon Web Services, the leader in cloud infrastructure, gives companies access to all of the major AI models, including those from OpenAI, through a platform called Bedrock. "Their Microsoft partnership has been foundational to their success. OpenAI is desperate to win market share in the enterprise, where rival Anthropic 's Claude model has established itself as the market leader, while Google Gemini is also competing aggressively.