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The Latest Breaking News from Sarah Friar

Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs

How female finance chiefs rose to the top at the most consequential moment for AI spending.

Fortune

SpaceX IPO Created a Stir as Elon Musk Tightens Grip and Strips Investor Rights in Historic Market Debut

The upcoming SpaceX IPO reveals Elon Musk's significant control over the company, sparking debate over shareholder rights and regulatory scrutiny amid high investor interest.

International Business Times UK

OpenAI IPO Delay To 2027? Sarah Friar Flags $600 Billion Risk As Sam Altman Pushes 2026 Listing

OpenAI CFO Sarah Friar advocates delaying the IPO to 2027 due to missed growth targets and $600 billion in infrastructure commitments, while CEO Sam Altman aims for a 2026 listing.

International Business Times UK

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OpenAI is 'strongly positioned,' says Wedbush's Dan Ives

The markets overreacted to a report about OpenAI, Ives said.

Fortune

Wall Street is panicking about OpenAI. A veteran tech analyst says everyone's overreacting

Between the Wall Street Journal's report on what Sarah Friar said and the lawsuit by Elon Musk painting him as a liar, Sam Altman’s having a bad week.

Fortune

Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news

Nvidia, Oracle, SoftBank, and CoreWeave saw their stock prices go down because of news that OpenAI has been missing its internal targets. SoftBank stock lost 9.9% of its value on the Tokyo Stock Exchange. Nvidia, AMD, Oracle, and CoreWeave also dropped during pre-market trading and remain down after the market…

Tom’s Hardware

ChatGPT maker OpenAI shifts its focus to business users amid new pressure

OpenAI boasts of more than 900 million weekly users of its core ChatGPT product

The Independent UK

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Will drama at OpenAI hurt its IPO chances?

OpenAI buys TBPN, reshuffles its executive lineup, and deals with scrutiny of Sam Altman's honesty and tensions with CFO Sarah Friar. Meanwhile, Anthropic news shows AI promise and peril.

Fortune

OpenAI Defends Pentagon Deal After Top Exec Quits Over Mass Surveillance Concerns

OpenAI is defending its deal with the Department of War, despite criticism from an executive who announced her resignation via X over the agreement.

International Business Times

OpenAI digs in on a fundamental disconnect in new research: AI is ready for primetime, many businesses aren't

The real challenge isn't building better AI—it's actually using it.

Fortune

OpenAI CFO Sarah Friar: There's a 'mismatch' between AI's abilities and the value companies are capturing

There’s a growing gap between AI’s potential and how companies actually use it.

Fortune

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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Benzinga

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.

Fortune

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.

Windows Central

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.

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news in one place.

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Tom’s Guide

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.

Windows Central

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.

Fortune

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.

International Business Times

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.

Fortune

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.

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