OpenAI CEO and CFO Diverge on IPO Timing
The Information
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Generative AI
Sam Altman has committed OpenAI to spend $600B in the next five years and privately said he wants to go public as soon as the fourth quarter despite expectations his company will burn than $200B before it starts generating cash. Behind the scenes, Sarah Friar, his chief financial officer, has voiced concerns that reflect the tensions and risks inherent in the CEO’s extraordinarily ambitious plans.