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OpenAI CFO: Interim results have not changed the company's plans

Rohan PaulUpdated Nov 7 04:11

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OpenAI CFO Sarah Friar said that interim results have not significantly changed the company's plans, because investment must keep pace with customer demand, with funding coming from hyperscaler partnerships and new capital. Yesterday, OpenAI responded to external backlash, promising to seek community input, publicly disclose construction plans, not sign NDAs with public officials, and bear all electricity costs, but these commitments apply only to data centers it owns and operates.

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OpenAI’s CFO, Sarah Friar, said the mid-term results did not dramatically change the company’s plans, because its investment has to keep pace with customer demand, funded through hyperscaler partnerships and fresh capital.

OpenAI’s response to the backlash came yesterday: commitments to seek community input, publish construction plans, avoid NDAs with public officials and pay full power costs, applied only to data centers it owns and operates.

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Rohan Paul