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OpenAI's CFO Tells Staff: 2027 IPO Target, No Rush If Anthropic Goes Public First

Sarah Friar reportedly framed an IPO as just "another fundraise" and said OpenAI is "running our own race" as rival Anthropic eyes a possible autumn debut.

Key points

  • OpenAI CFO Sarah Friar reportedly told staff the company is targeting a 2027 IPO, possibly sooner if business momentum continues.
  • Friar framed the IPO as "another fundraise," citing $122 billion raised in March as the source of flexibility.
  • OpenAI's post-money valuation is $852 billion; a confidential S-1 was filed with the SEC more than two months ago.

Funding facts

Amount:
$122 billion
Valuation:
$852 billion post-money
2 sources 1 web 82% confidence

Source highlights

GizmodoPrimary‘Another Fundraise’: OpenAI’s CFO Reportedly Downplays Importance of IPO to Staff80%
beincrypto.comWeb contextOpenAI CFO Reveals How Soon the IPO Could Actually Land56%
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