The news: OpenAI has hired its first-ever CMO, Kate Rouch, signaling an effort to step up its brand messaging and bring advertising to its products.
OpenAI and advertising: News of the hire comes days after OpenAI CFO Sarah Friar accidentally let slip that the company is exploring advertising as a potential revenue stream. OpenAI’s costly business model has increased pressure to monetize its product, and speculation is growing that it’s looking to pull an advertising lever.
Our take: If OpenAI has ambitions for a Super Bowl ad, it may have to wait until 2026, as ad space for the Big Game has sold out. But Rouch’s hiring and recent statements from executives suggest that the company is looking to ramp up its advertising efforts in a significant way as market pressures force it to search for additional revenues.
An OpenAI advertising product is likely to generate significant interest. ChatGPT and Google Chrome rival each other in monthly usage, and advertisers have eagerly adopted AI-powered features on platforms like Facebook.
You've read 0 of 2 free articles this month.
One Liberty Plaza9th FloorNew York, NY 100061-800-405-0844
1-800-405-0844sales@emarketer.com