In an internal meeting, OpenAI finance chief Sarah Friar told employees that the company's annualized recurring revenue in July was higher than in Q2 as a whole (CNBC)

OpenAI's finance chief, Sarah Friar, informed employees in an internal meeting that the company's annualized recurring revenue in July surpassed its total for Q2. This update comes as OpenAI competes with rivals like Anthropic in the enterprise sector and aims to maintain growth amidst increasing competition. The company is working to sustain its financial performance in a dynamic market.