OpenAI CRO Denise Dresser Departs as Revenue Run Rate Tops $40 Billion Ahead of IPO
Updated
Updated · Yahoo Finance · Aug 15
OpenAI CRO Denise Dresser Departs as Revenue Run Rate Tops $40 Billion Ahead of IPO
3 articles · Updated · Yahoo Finance · Aug 15
Summary
$40 billion in annualized revenue marks a sharp acceleration for OpenAI, with President Greg Brockman telling staff July sales rose more than 20% from June.
ChatGPT subscriptions, fast-growing coding tools and a nascent advertising business drove the surge, while July price cuts pulled in more cost-conscious enterprise customers instead of hurting sales.
Denise Dresser, hired from Slack in December 2025, will leave in the coming weeks after about eight months; former Wiz executive Dali Rajic will take over global revenue operations.
Her exit follows recent departures by Brad Lightcap and Fidji Simo, extending a broader leadership churn that has pushed Brockman to consolidate more operating duties.
That turnover clouds OpenAI's IPO push even as it has reportedly filed confidentially, bought back $7 billion in employee shares and aims for enterprise customers to provide half of revenue by year-end.