OpenAI CFO Responds to Market Concerns: No Plan to Go Public, AI Bubble Theory is Exaggerated

In a recent public meeting, OpenAI's CFO Sarah Friar responded to market concerns about an "artificial intelligence bubble." She believes that the current worries about a bubble in the AI industry are overblown, as society underestimates the long-term potential of artificial intelligence and lacks sufficient enthusiasm. Friar emphasized that the future of AI requires more support and passion, and called on all sectors to increase their investment in AI infrastructure.

Image source note: The image is AI-generated

During the meeting, Friar also clarified OpenAI's financing structure and denied external allegations of "circular" financing. She pointed out that the cooperation with NVIDIA and AMD was not for capital operations, but to enhance the global computing power supply chain. These collaborations will help OpenAI better expand its data centers and meet growing computational demands. Friar mentioned that NVIDIA has committed to providing up to $10 billion in financial support to OpenAI, while OpenAI will also purchase millions of NVIDIA chips.

Additionally, Friar revealed that OpenAI is actively exploring various financing methods, including banks and private equity funds, and stated that it may consider seeking U.S. government guarantees in the future, though there are no specific arrangements at this time. When discussing the company's IPO plans, Friar clearly stated that OpenAI has not started preparations for an initial public offering (IPO) and currently has no timeline for going public.

Although the market generally believes that OpenAI needs substantial financing to support its $1.4 trillion AI infrastructure investment plan, Friar's statements show that the company maintains a positive attitude towards financing and development, focusing on future potential and opportunities.

Key points:

🌟 Market concerns about an AI bubble are exaggerated; society should pay more attention to the long-term potential of AI.

🤝 OpenAI's collaboration with NVIDIA and AMD aims to enhance the global computing power supply chain, not for capital operations.

📅 OpenAI is currently not initiating an IPO plan; future financing channels are diverse, and it may seek government guarantees.