OpenAI’s CFO Just Flagged Real Risks in Sam Altman’s 2026 IPO Plan

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OpenAI’s CFO, Sarah Friar, has reportedly raised concerns about CEO Sam Altman’s plan to take the company public as early as late 2026. According to a report by The Information, Friar flagged potential risks around the company’s readiness and the scale of its financial commitments, including a proposed $600 billion spending plan over the next five years.

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While OpenAI’s IPO has been part of the long-term plan, recent developments suggest that leadership is not fully aligned on the timing. Earlier this year, reports suggested that OpenAI is preparing for an initial public offering (IPO) as early as the fourth quarter of 2026. More recently, the company raised $122 billion in a funding round, pushing its post-money valuation to $852 billion.

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