OpenAI CFO Sarah Friar confirmed that the 2026 US midterm elections will not affect the company's IPO plans, reiterating its goal to go public next year. Speaking in an interview with CNBC on November 6, Friar said her team is prepared to handle various political scenarios and does not believe any changes have had a major impact on the company.
Friar revealed that OpenAI will continue investing heavily in large data centers, which the company aims to redefine as "compute parks" to meet growing customer demand and support ongoing fundraising efforts. She noted that OpenAI's business remains strong, with third-quarter revenue growing 70% and enterprise sales doubling year-over-year.
The CFO expressed enthusiasm about going public, framing a listing as aligned with OpenAI's mission of making AI accessible to everyone. "Why should only institutions get to enjoy these returns?" she said.
OpenAI CFO: Midterm Election Results Won't Impact IPO Plans, Targeting Public Listing Next Year
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