OpenAI faces talent exodus

Summary

CNBC's Kate Rooney breaks down executive turnover at OpenAI, especially Chief Revenue Officer Denise Dresser's departure. She details strong enterprise revenue momentum, sources on a roughly $40 billion annual run rate and July revenue growth, while noting investor nervousness around spending, competition, margins, and the company's confidential IPO filing.

• Chief Revenue Officer Denise Dresser is leaving OpenAI after about nine months.
• Several big names have left OpenAI this year for various reasons.
• Sources say OpenAI is at around a $40 billion annual run rate.
• Internal Slack messages reportedly showed revenue run rate up more than 20% month-over-month in July and business customers up 32%.
• Investors were surprised by Dresser's sudden exit, but some see management volatility as baked in.
• OpenAI has confidentially filed to go public and CFO Sarah Fryer is meeting investors.
• Investors are on edge about spending, competition, and margins.