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616 OpenAI CEO and CFO Diverge on IPO Timing

The Information
Anissa Gardizy @ The Information · 04/05/2026 16:32 EDT

OpenAI CEO and CFO Diverge on IPO Timing

Sam Altman has committed OpenAI to spend $600 billion 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 more than $200 billion 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.

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