OpenAI has undergone nearly five rounds of reorganizations this year; the wave of executive departures continues. Chief Revenue Officer Denise Dresser became the latest to leave this week. The company also disbanded the safety team responsible for assessing the “catastrophic risk” of AI models, sparking internal concerns. Although revenue has risen to about $40 billion, it has already been surpassed by Anthropic. Employees generally feel exhausted, and the IPO plan has been quietly pushed back to next year.
A company valued at $852 billion and rushing toward a trillion-dollar IPO is being held back by its own internal chaos.
So far this year, OpenAI has gone through nearly five organizational reorganizations. Executives have continued to leave, the safety team was disbanded, and employees are generally exhausted. Meanwhile, the IPO that was originally expected to be completed this year has quietly been postponed to next year.