OpenAI CFO says new structure opens door for potential IPO

Posted under: AI technologies
Date: 2025-05-29
OpenAI Restructure Paves Way for Potential IPO | Justo Global

OpenAI CFO, Sarah Friar, confirmed the firm's restructuring could enable a potential IPO. Recently, OpenAI, which has garnered over $13 billion in investments from Microsoft, planned to convert its for-profit arm into a public benefit corporation (PBC). Despite modifying this plan, the transformation could position OpenAI for a potential public listing. Friar emphasised market readiness and company maturity as key factors in this decision.

Read more at: ca.finance.yahoo.com