OpenAI Taps Slack CEO for Revenue Boost Amid AI Bubble Concerns

OpenAI has appointed Slack CEO Denise Dresser as its first chief of revenue to boost profitability. This move aims to reassure investors while the company grapples with fierce competition and hefty financial obligations. Despite ChatGPT's popularity, OpenAI seeks to leverage new strategies to enhance revenue.

OpenAI has taken a significant step to boost its profitability by appointing Slack CEO Denise Dresser as its first chief of revenue. This strategic move sends a message to investors that the company is committed to generating profit from its popular artificial intelligence technology.

Dresser will be responsible for overseeing OpenAI's global revenue strategy, aiming to help businesses integrate AI into their daily operations. Her experience at Salesforce, particularly her role in integrating Slack following its acquisition, makes her a suitable candidate for this position.

However, OpenAI faces increased competition from tech giants like Google and financial pressure from substantial commitments to cloud providers. With over 800 million weekly users of ChatGPT, the company must innovate and explore new revenue streams beyond premium subscriptions to meet investor expectations.