OpenAI is at the forefront of the generative AI revolution. How did it get there, and what is the company doing to stay ahead of its competitors? Sarah Friar, chief financial officer of OpenAI and former head of technology equity research at Goldman Sachs, discusses the path to artificial general intelligence and the importance of capital in the AI race with Dan Dees, Goldman Sachs Global Banking & Markets co-head. The conversation was filmed at Goldman Sachs’ Disruptive Tech Summit in London on March 5, 2025.
This session was recorded on March 5, 2025.
Chapters
0:00 Introduction
1:10 Career journey
3:04 Leadership lessons
6:47 Near-term breakthroughs
14:25 AGI
16:21 Scaling AI
20:39 Stargate project
24:32 Deploying AI
28:19 Personal usage
29:43 Future of OpenAI
31:50 Conclusion
The opinions and views expressed in this program may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. This program should not be copied, distributed, published, or reproduced in whole or in part or disclosed by any recipient to any other person without the express written consent of Goldman Sachs. Each name of a third-party organization mentioned in this program is the property of the company to which it relates, is used here strictly for informational and identification purposes only, and is not used to imply any ownership or license rights between any such company and Goldman Sachs. The content of this program does not constitute a recommendation from any Goldman Sachs entity to the recipient, and is provided for informational purposes only. Goldman Sachs is not providing any financial, economic, legal, investment, accounting, or tax advice through this program or to its recipient. Certain information contained in this program constitutes “forward-looking statements”, and there is no guarantee that these results will be achieved. Goldman Sachs has no obligation to provide updates or changes to the information in this program. Past performance does not guarantee future results, which may vary. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this program and any liability therefore; including in respect of direct, indirect, or consequential loss or damage is expressly disclaimed.
This session was recorded on March 5, 2025.
Chapters
0:00 Introduction
1:10 Career journey
3:04 Leadership lessons
6:47 Near-term breakthroughs
14:25 AGI
16:21 Scaling AI
20:39 Stargate project
24:32 Deploying AI
28:19 Personal usage
29:43 Future of OpenAI
31:50 Conclusion
The opinions and views expressed in this program may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. This program should not be copied, distributed, published, or reproduced in whole or in part or disclosed by any recipient to any other person without the express written consent of Goldman Sachs. Each name of a third-party organization mentioned in this program is the property of the company to which it relates, is used here strictly for informational and identification purposes only, and is not used to imply any ownership or license rights between any such company and Goldman Sachs. The content of this program does not constitute a recommendation from any Goldman Sachs entity to the recipient, and is provided for informational purposes only. Goldman Sachs is not providing any financial, economic, legal, investment, accounting, or tax advice through this program or to its recipient. Certain information contained in this program constitutes “forward-looking statements”, and there is no guarantee that these results will be achieved. Goldman Sachs has no obligation to provide updates or changes to the information in this program. Past performance does not guarantee future results, which may vary. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this program and any liability therefore; including in respect of direct, indirect, or consequential loss or damage is expressly disclaimed.