OpenAI chairman on AI agents, data centers, and why legacy companies may win

OpenAI Chairman Bret Taylor and Sierra co-founder Clay Bavor discuss the state of the AI industry in a video interview with Yahoo Finance. They argue that AI companies have failed to demonstrate clear value to mainstream Americans and say proving that case is the industry's top priority.

The pair examine how established companies outside tech—including ADT and Rocket Mortgage—are adopting AI and may be better positioned to win than startups. They discuss shifts in how companies buy AI, moving from purchasing tokens to buying outcomes, and explain how personal AI agents are driving demand for compute and data center capacity.

Taylor and Bavor also address pushback against data center expansion in the U.S., the possibility of offshore compute capacity, and why investors should be cautious about predicting AI's trajectory.