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Openai chief financial officer sarah friar said that an ipo is “not on the cards” in the near term, and said the company hopes the federal government might backstop the financing of future. Openai emphasized its focus on private sector investments, highlighting partnerships worth approximately $1 trillion with oracle and softbank An ipo is not on the cards right now,” openai's chief financial officer sarah friar told an audience at the wall street journal’s tech live conference.
Openai cfo took to social media tonight to clear up some reports that the ai tech company is not seeking a backstop from the united states government. Cfo sarah friar's comments at a wall street journal conference led to confusion, which she later addressed on social media At the wall street journal's business conference, openai cfo sarah friar said government backing could help attract the huge capital needed for ai computing infrastructure, especially given the uncertainty around how long ai.
Openai’s cfo sarah friar said an ipo is not planned soon, stressing the focus on scaling operations instead
Her remarks follow reports of a possible $1 trillion listing by 2027 After restructuring into a public benefit corporation, openai seeks partnerships and funding support for its expanding ai and data centre projects. Openai has clarified its position on seeking u.s Government loan guarantees for ai infrastructure funding
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