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OpenAI CFO tells investors funding round should close by next week despite executive departures - TL;DR CNBC

OpenAI CFO tells investors funding round should close by next week despite executive departures

Publishing timestamp: 2024-09-27 03:28:45


Summary

OpenAI's CFO reassures investors after key departures, stating the company is still in a strong position and set to close a big funding round. Despite losing some top talent, OpenAI remains focused on bringing AI to everyone and building sustainable revenue models. The company is valued at around $150 billion and is backed by Microsoft and recently partnered with Apple.


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Keywords: business newsbreaking news: economyeconomystock marketsmicrosoft corpapple incmeta platforms incbreaking news: technologymarketsblock incbreaking newsnextdoor holdings incbreaking news: marketstechnology

Source: https://www.cnbc.com/2024/09/26/openais-cfo-says-funding-round-should-close-by-next-week-in-letter.html


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