OpenAI CFO says blue tsunami ‘didn’t dramatically change’ IPO plans
OpenAI CFO Sarah Friar said the company will work to continue "to build trust" with communities where it builds data centers.
OpenAI's CFO Sarah Friar has stated that the company will continue to invest in data centers despite the upcoming 2026 midterms. The Democratic candidates who campaigned to regulate the AI industry successfully in those elections did not significantly alter OpenAI's plans for an IPO. During a CNBC interview, Friar emphasized that OpenAI remains dedicated to managing various scenarios and meeting customer demand.
The company's revenue grew 70% in the third quarter, with a doubling of enterprise sales. OpenAI also announced a new standard for responsible AI infrastructure, pledging to cover the full cost of electricity and grid improvements, and publish data on job creation.
Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
