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Sarah Friar

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business1 month ago•3 min saved

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

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.

via Gizmodo|

#business #finance #ipo

business1 month ago•4 min saved

OpenAI’s IPO plan tests CEO-CFO alignment

Bloomberg/WSJ/The Information have reported tension between OpenAI CEO Sam Altman and CFO Sarah Friar over IPO timing and whether the company has enough capital to cover massive compute costs. OpenAI publicly denies a rift, saying Altman and Friar are aligned as they pursue a potential 2026 IPO valued in the trillions. The allegations underscore governance and funding questions that can shape OpenAI’s readiness for a blockbuster public listing.

via Business Insider|

#business #compute-costs #ipo

applied-ai4 months ago•8 min saved

OpenAI Mulls Revenue Sharing on AI-Driven Discoveries

OpenAI CFO Sarah Friar floated a value-sharing model at Davos, suggesting OpenAI could license discoveries made with its technology or take a stake in the profits from AI-enabled breakthroughs (such as new drugs), signaling a potential shift toward revenue sharing as it pursues new income beyond subscriptions.

via The Information|

#ai #applied-ai #drug-discovery