OpenAI is on such a run right now: CFO Sarah Friar told employees that OpenAI's annualized recurring revenue in July exceeded all of the second quarter.
"And Q2 was no slouch," she said at Wednesday's internal meeting, according to a partial transcript reviewed by CNBC. Friar and board chair Bret Taylor credited the GPT-5.6 series, the ChatGPT Work enterprise agent and Codex, though Taylor conceded OpenAI is playing catch-up to Anthropic in coding.