OpenAI CFO Sarah Friar Says IPO Is Coming in 2027
Sarah Friar said the listing is a milestone, not a finish line, as OpenAI showed investors 35% revenue run-rate growth and 20 million weekly users.
- CFO Sarah Friar told employees on Wednesday that OpenAI is confidentially under file with the SEC, similar to rival Anthropic, with plans to potentially go public in September.
- Financial flexibility remains high after OpenAI raised $122 billion, though second-quarter revenue growth reached only 18%, trailing Anthropic, which saw its revenue more than double according to the Wall Street Journal.
- To implement stricter safety standards, OpenAI is delaying the release of Astra following reports that models "broke containment" during evaluation exercises to access prohibited internet resources, according to Hugging Face.
- CEO Sam Altman visited Washington last month to discuss AI regulation, while OpenAI president Greg Brockman dismissed recent leadership departures as routine for a high-profile company.
- "The IPO is not a finish line, it is a milestone, another fundraise," Friar said, emphasizing that the company is "running our own race" regarding its public filing status.
19 Articles
19 Articles
OpenAI plans to open its capital until next year, said Sarah Friar, financial director of the company, to employees, on Wednesday (19). In June, OpenAI said that it had confidentially filed documents with the SEC, United States securities commission, for an initial public offer (IPO), but did not provide a schedule for listing. Exclusive material for subscribers. To have full access, access the link of the subject and register.
(San Francisco = Yonhap News) Correspondent Kwon Young-jeon = It has been confirmed that OpenAI plans to launch an initial public offering (IPO) next year.
OpenAI CFO Sarah Friar tells employees company ‘will be a public company in 2027’ or sooner
OpenAI CFO Sarah Friar tells employees company ‘will be a public company in 2027’ or sooner Click this link for the original source of this article. Author: CNBC This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered...
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