Archive: March 2025

Looking at the compute margins makes the picture even worse. In the new quarter, compute took up 58% of the company’s revenue, up from 48% the quarter before. At a moment when the company could win over IPO investors by showing margins improving, they’re getting worse. A chart in the filing shows this even more clearly, tracking the company’s revenue for every dollar spent on compute. Since the start of 2025, it’s been steadily growing, peaking at just ove

In response to the interviewer’s question about being IPO-ready next year, Brockman replied, “I think so. Yes.” “We’ve been very clear this year that we want to go public when we feel is the right time for us, and I feel extremely good about the business. I feel like we’ve made so much progress this year, and I’ve honestly never felt more confident in what we’re doing,” Brockman said. He detailed how OpenAI’s trajectory as an enterprise had changed over th

Codex is a cloud-based coding agent. Codex is powered by codex-1, a version of OpenAI o3 optimized for software engineering. codex-1 was trained using reinforcement learning on real-world coding tasks in a variety of environments to generate code that closely mirrors human style and PR preferences, adheres precisely to instructions, and iteratively runs tests until passing results are achieved.