OpenAI CFO Sarah Friar is reportedly pushing to delay the company's initial public offering to 2027. But CEO Sam Altman wants to list the company in Q4 2026. This has led to an internal conflict among the two camps.
That tension, reported by Gizmodo, has led to the most consequential internal debate in Silicon Valley right now. OpenAI, which is also embroiled in a legal battle with Elon Musk, completed a conversion from a nonprofit-controlled structure to a for-profit public benefit corporation earlier this year so it can go public. But the financial and operational outlook underneath is more complicated.
