OpenAI CFO Announces Company Will Go Public in 2027
Prefer us on GoogleOpenAI's Chief Financial Officer, Sarah Friar, announced at an all-hands meeting that the company plans to go public in 2027, and if business continues to thrive, it may enter the capital markets even sooner. Friar reassured employees that there is no need to worry even if competitor Anthropic goes public earlier. She mentioned that OpenAI is secretly preparing its IPO application, and Anthropic is doing the same, with relevant documents possibly being made public in the coming weeks and a September listing. Friar emphasized that the IPO is not an end, but rather a milestone and a financing opportunity. The company raised $122 billion in March, providing flexibility for future development.
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