Altman says market reaction to DevDay announcements is ‘strange’

Stocks like Figma, HubSpot and Coursera popped after they were mentioned in OpenAI‘s DevDay keynote, and Altman said he finds the market’s response “strange” during a Q&A wiht reporters.

Brad Lightcap, OpenAI’s chief operating officer, said the market has been reactive in ways that the company did not expect. He said the company is trying to figure out the right way to engage with partners in the ecosystem.

“My view is that everyone is going a little crazy,” Lightcap said.

– Ashley Capoot

Attendees mingle outside the venue

People gather outside the OpenAI DevDay on Oct. 6, 2025.

Ashley Capoot | CNBC

devday attendees grabbed lunch and mingled in the sunshine outside the venue. The temperature has climbed to 75 degrees in San Francisco.

– Ashley Capoot

OpenAI is prioritizing growth and investment over profitability, Altman says

Following the keynote, Altman told reporters during a Q&A that generating revenue and working toward profitability are currently “not in his top 10 concerns.”

He said OpenAI will have to be profitable eventually, but that the company is in “a space of investment and growth.”

“We are confident we can build a very profitable model,” he said.

Altman made similar comments to CNBC in August, when he said he believes “the rational thing to do is to just be willing to run the loss for quite a while.”

– Ashley Capoot

Sam Altman’s vision for coding: ‘You need a good idea’

OpenAI DevDay: Key Announcements and Highlights

Altman Announces GPT-4 Turbo

Sam Altman, CEO of OpenAI, kicked off DevDay with the declaration of GPT-4 Turbo, a new model with a 128K context window – equivalent to roughly 300 pages of text – and reduced pricing. Input tokens will cost $0.01 and output tokens $0.03, substantially cheaper than previous GPT-4 models. GPT-4 Turbo also has a knowledge cutoff of April 2023, offering more up-to-date data.

New Models Available via API

openai is releasing several new models via API, including GPT-4 Turbo, along with updates to existing models like GPT-3.5 Turbo. These updates focus on increased speed and reduced costs.

Custom Models Introduced

Altman unveiled custom models, allowing developers to create versions of GPT tailored to specific tasks. these models can be trained on a user’s data and are more affordable than fine-tuning.

Assistants API Launched

A new Assistants API was introduced,designed to simplify the process of building AI assistants. This API handles tasks like managing threads, calling tools, and handling code interpretation.

openai announces copyright Shield

To address concerns about copyright, OpenAI announced a Copyright Shield, which will defend customers against copyright claims related to the use of its models.

hubspot Shares Jump on OpenAI Mention

HubSpot shares jumped nearly 7% after Altman mentioned the enterprise software company during the event.He highlighted how HubSpot used OpenAI’s AgentKit software to improve its breeze AI tool.

Codex is Generally Available

OpenAI announced that Codex, its software engineering agent, is now generally available after a research preview earlier this year.

openai Demos Codex Without Writing Code

Romain Huet, head of developer experience at OpenAI, demonstrated Codex by building controls for a camera and an Xbox controller, all without writing a single line of code. He used voice commands and sketches to create workable software.

Altman Highlights unexpected Users of chatgpt for Coding

Altman showcased examples of individuals using OpenAI tools for app development, including an 89-year-old Japanese man who built 11 iPhone apps for elderly users and medical students at ASU who created a patient simulation app with ChatGPT.

OpenAI Demos AgentKit, Builds an AI Agent in Eight Minutes

OpenAI’s Christina Huang demonstrated AgentKit, building an AI agent in just eight minutes.

Coursera Stock Jumps on ChatGPT Integration Demo

Coursera stock popped over 6% today as the company was showcased in a exhibition of deep integration with ChatGPT.

OpenAI demonstrated chatgpt accessing a Coursera video directly within the chatbot interface, and then elaborating on specific topics covered in the video.

“Here, ChatGPT responded and explained the instructor’s data planning steps before training a machine learning model, and then it breaks it down a couple times,” explained software engineer Alexi Christakis.

Founded in 2012, Coursera provides access to computer science courses and was established by artificial intelligence leaders Daphne Koller and andrew Ng.

sam Altman Teases DevDay 2025

Sam Altman,CEO of OpenAI,has generated excitement by hinting at a DevDay event in 2025. He announced the potential event in a post on X, maintaining his characteristic lowercase writing style.

What is DevDay?

DevDay is an annual conference hosted by OpenAI focused on developers building with OpenAI’s technologies. The first DevDay, held in November 2023, featured notable announcements, including GPT-4 Turbo, custom models, and updates to the OpenAI API. It’s a key event for the AI developer community, providing insights into OpenAI’s latest advancements and future plans.

What to Expect in 2025

While details about DevDay 2025 are currently scarce, Altman’s announcement suggests the event will indeed take place. Given the rapid pace of innovation in the field of artificial intelligence, and OpenAI’s central role in that innovation, attendees can anticipate announcements related to new models, API improvements, and possibly entirely new product offerings. Past DevDays have focused on making openai’s tools more accessible and powerful for developers, and this trend is likely to continue.

Potential Areas of Focus

Based on OpenAI’s recent work and industry trends, DevDay 2025 could focus on:

• Multimodal Models: Further advancements in models that can process and generate multiple types of data (text, images, audio, video).
• Agent Technology: Improvements to OpenAI’s agent capabilities, allowing for more autonomous and complex AI applications.
• cost Reduction & Efficiency: New techniques to lower the cost of using OpenAI’s models and improve their performance.
• Developer Tools & Ecosystem: expanded tools and resources to help developers build and deploy AI-powered applications more easily.

Key Takeaways

• Sam Altman has indicated that OpenAI will likely host a devday event in 2025.
• DevDay is a crucial event for developers working with OpenAI technologies.
• Expect announcements related to new models, API updates, and developer tools.

As DevDay 2025 approaches, more information will become available. The event promises to be a significant moment for the AI community,showcasing the latest advancements from OpenAI and shaping the future of AI development.

– Ashley Capoot

Published: 2025/10/06 22:14:53