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OpenAI CFO Sarah Friar says data centre plans will not change after midterms

NewsFeeds update

OpenAI chief financial officer Sarah Friar told CNBC that the US midterm results will not alter its AI infrastructure investment plans, and that it will keep working with hyperscalers and raising financing. She said OpenAI filed confidentially with the SEC in June and is considering a 2027 listing.

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The story so far: OpenAI $30bn funding round

OpenAI was set to close a funding round of up to $30bn led by UAE investors at a $1.25tn pre-money valuation, with signing expected soon. OpenAI has now completed a new $11bn funding round at a $1.25tn valuation, according to market reports.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. OpenAI seeks $30bn round before Anthropic listing, Reuters reports

  2. OpenAI said to speed up roughly $30bn raise at valuation possibly above $1.4tn

  3. OpenAI set to close funding of up to $30bn led by UAE investors

  4. OpenAI said to seek $30bn funding commitments at $1.25tn valuation

  5. OpenAI signs UAE deals on energy, investment and government technology deployment

  6. OpenAI finance chief confirms funding talks at valuation up nearly 50%

  7. OpenAI CFO Sarah Friar says data centre plans will not change after midterms

  8. OpenAI says it has closed a $11bn funding round at a $1.25tn valuation

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  2. Chamath Palihapitiya says SpaceX-Anthropic compute contract holds 90-day mutual exit clause

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  3. Stop Dirty Data Centres says protests across Europe target AI data centre expansion

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Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.