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The Latest Breaking News from Sarah Friar

Can OpenAI keep pace with industry’s soaring costs?

As investor jitters grow, the loss-making ChatGPT firm’s vast spending commitments test the limits of Silicon Valley optimism

The Guardian - UK

Sam Altman Denies OpenAI Seeking Trump Government's Bailout After CFO's Comment Sparks Controversy: 'We Do Not Have Or Want...'

OpenAI CEO Sam Altman has moved swiftly to quash speculation that the company is seeking a federal bailout or financial guarantees from the Donald Trump administration after a remark by his CFO ignited confusion about the company's funding strategy.

Benzinga

OpenAI walks back statement it wants a government 'backstop' for its massive loans — company says government 'playing its part' critical for industrial AI capacity increases

OpenAI has walked back claims its CFO made in an interview that it was looking for a governmental backstop for its investments, providing a guarantee against its loans that would allow it to borrow more and reduce the cost of that financing.

Tom’s Hardware

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OpenAI's $850 Billion Build-Out Needs Power Of 17 Nuclear Plants — Or 9 Hoover Dams

OpenAI has plans for an enormous $850 billion expansion, constructing data centers that will require as much energy as 17 nuclear facilities to fulfill the explosive demand for AI tools.

Benzinga

OpenAI plans to continue working with Scale AI despite rival Meta’s $14.3bn deal, CFO says

Despite the $14.3 billion investment that is shaking up the AI landscape, OpenAI's CFO says the company plans to keep working with Scale AI.

Fortune

Wharton is set to offer an MBA major in AI—and that has implications for CFOs

"Artificial intelligence will fundamentally alter every aspect of business and society,” according to Wharton Dean Erika James.

Fortune

OpenAI could raise the subscription price for its advanced AI models based on the value delivered

OpenAI Chief Financial Officer (CFO) Sarah Friar recently indicated it would make sense if the company raised the monthly subscription price to its advanced AI models for business users to match the value the system furnishes companies.

Windows Central

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ChatGPT could soon get ads — here’s what we know

The Chief Finance officer for Open AI has stated that ChatGPT's free version could soon have ads.

Tom’s Guide

OpenAI could lose ChatGPT's unique selling point by chasing intrusive revenue streams, but CEO Sam Altman says it's a last resort: "I think that ads-plus-AI is sort of uniquely unsettling to me."

OpenAI CFO Sarah Friar indicated the company will roll out the new business model thoughtfully to retain the platform's minimalist appeal.

Windows Central

Why Nextdoor's founder moved back into the company C-suite

It's essential that CEOs step back and 'harmonize...the evolution of your company with the evolution of what's going on outside,' said Nextdoor CEO Nirav Tolia.

Fortune

Corporate adoption is turbocharging the AI market, says top tech analyst

OpenAI and Nvidia are at the forefront of the AI revolution, according to Dan Ives.

Fortune

What Next For OpenAI After $157 Billion Bonanza?

ChatGPT-maker OpenAI has become an AI powerhouse after securing Silicon Valley's largest-ever funding round.

International Business Times

OpenAI is facing turmoil over its values, but its CFO remains confident AI will be a 'cornerstone' for a resilient democracy

Sarah Friar, former Nextdoor CEO, joined OpenAI as CFO in June.

Fortune

Hiring of new CFO reflects OpenAI's 'next phase,' CTO Mira Murati says

OpenAI now has two prominent female executives in its C-suite.

Fortune

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The Independent UK

Derry Girls writer and former rugby star join university leadership programme

Lisa McGee, Tommy Bowe, Jayne Brady and Sarah Friar will play a key role in a new Ulster University programme.

The Independent UK

Nextdoor’s CEO Sarah Friar on sexism in Silicon Valley - and the rise of the ‘friendly’ social media app

Less than five per cent of the top 150 public tech companies in Silicon Valley have women as CEOs, Tara Cobham writes

Belfast Live

NI has potential to be Singapore-style investment hub, says Silicon Valley CEO

Ms Friar was back in Northern Ireland last week to speak at a major conference marking the 25th anniversary of the Good Friday Agreement

Fortune

Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

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Belfast Live

Nextdoor app CEO on growing up in Tyrone to taking charge of one of Silicon Valley’s biggest names

Sarah Friar said the sense of community growing up in a border area is one of the pillars on which her career was built

The Independent UK

Charles hopes ‘bickering’ can be avoided after ‘togetherness’ of Jubilee weekend

The Prince of Wales and wife Camilla met guests at the Big Jubilee Lunch in The Oval.

Daily Mirror

Prince Charles hopes 'bickering' won't return after 'togetherness' of Jubilee weekend

Prince Charles and his wife Camilla, the Duchess of Cornwall, were at The Oval cricket ground in London today for a Big Jubilee Lunch as part of the Queen's Platinum Jubilee celebrations

The Independent UK

Prince Charles and Camilla attend Big Jubilee Lunch ahead of Platinum Jubilee Pageant

The Prince of Wales says the jubilee brings a sense of ‘togetherness’ across the nation

Evening Standard

How to be a CEO: Nextdoor’s Sarah Friar on the global power of being local

The challenges of building a multinational company whose entire purpose is keeping things local

Axios

Nextdoor says communities' self-moderation works

The company says its numbers show community moderation can work.

People

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