Synopsis
OpenAI CFO Sarah Friar raised concerns about risks in Sam Altman’s plan to go public by late 2026 and heavy spending. She questioned readiness, rising costs for AI servers, and whether slowing revenue growth could support such large commitments, according to the report.
OpenAI CFO Sarah Friar has voiced concerns over risks and challenges tied to CEO Sam Altman's plans to take the company public as early as the fourth quarter of 2026 and spend $600 billion over five years, The Information reported on Sunday.
Friar told some colleagues earlier this year that she didn't believe the ChatGPT-maker would be ready for an initial public offering in 2026, citing required organisational and procedural work and risks from the company's spending commitments, the report said, quoting a person who spoke to her.
The report added that Friar questioned whether OpenAI would need to pour so much money into obtaining AI servers in the coming years, and whether its slowing revenue growth would be sufficient to support those commitments.
Reuters could not immediately verify the report. OpenAI did not immediately respond to a request for comment.
The report comes as OpenAI recently closeda funding round with $122 billion in committed capital, valuing the company at $852 billion. OpenAI is generating about $2 billion in revenue per month, according to the report.
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