OpenAI CFO Signals IPO Might Slip to 2027 Amid Cash-Flow Cautions

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Source: Gizmodo
OpenAI CFO Signals IPO Might Slip to 2027 Amid Cash-Flow Cautions
Photo: Gizmodo
TL;DR Summary

OpenAI's chief financial officer Sarah Friar reportedly advised delaying the company's planned 2026 IPO to 2027, citing the need to tighten cash burn and meet rigorous public-company reporting requirements; the Wall Street Journal says Friar has questioned OpenAI's spending on data centers and its path to profitability, noting a race to go public against rivals like Anthropic, though OpenAI officials claim revenue goals have been met for Q1 and internal targets differ from investors' expectations.

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