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OpenAI chief financial officer Sarah Friar is being advised to hold off on an IPO until 2027, according to the Wall Street Journal.
OpenAI's CFO Sarah Friar has advised delaying the IPO to 2027 due to readiness concerns.
KEY POINTS
- OpenAI recently missed publicized revenue targets, raising questions about its financial trajectory.
- Friar is curbing OpenAI’s data center spending due to lower-than-expected revenue growth.
- OpenAI internally claims it met Q1 revenue goals, but these differ from investor-reported targets.
COMPANIES
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