George Hammond

speaker

128 appearances 4 recordings 1 series first heard Apr 2026 last heard 3d ago

George Hammond’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 4 in all, peaking in Sep 2026 with 1.

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FT News Briefing · OpenAI investors question its valuation · 14 Apr 2026 podcast

And I think OpenAI have seen that there are very clearly huge pools of revenue to be made by taking that approach.

So OpenAI has achieved massive success by being the consumer company.

And the way people have spoken about OpenAI in the last three years since they released ChatGPT is as the kind of Google of AI.

So for some investors, the concern is that

They are now trying to diverge from an area where they obviously have a lead.

And they're going for a business where the quality of their model is obviously very competitive, but it's not quite as good as the top range from Anthropic.

So in doing this, they may fall short of Anthropic.

They may also leave themselves vulnerable on the consumer side to Google, which has been slightly slower to get into this race, but obviously has a formidable market.

number of regular users and almost limitless money to throw into building its own consumer chatbot.

So as long as I've covered this company, which is about three and a half years, the story of OpenAI has been turmoil and crisis and lurching from one disaster to the next.

And all the time, they have got bigger and better.

Their models have improved.

Their revenues have stepped up dramatically.

So I think the sympathetic read is that

It is a startup that's 11 years old.

It's moving incredibly fast.

And what that looks like sometimes is picking up projects and putting them down when they don't quite work and taking a new tack.

And I think you could regard what they're doing here and putting more emphasis on the enterprise business as a response to very obvious traction that they and their rivals are picking up, a very obvious effort to go and make more money by doing this.

And in the fullness of time, investors might come to celebrate that decision.

So, opening AI gearing up for public listings, so are Anthropic and in a separate field, so is Elon Musk's SpaceX.

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