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BRIEF-OpenAI CFO Sarah Friar Says We Are Going To Raise North Of $120 Billion - CNBC Interview

Reuters
03/25
BRIEF-OpenAI CFO Sarah Friar Says We Are Going To Raise North Of $120 Billion - CNBC Interview

March 24 (Reuters) -

  • OPENAI CFO SARAH FRIAR: WE ARE GOING TO RAISE NORTH OF $120 BILLION - CNBC INTERVIEW

  • OPENAI CFO SARAH FRIAR: A16Z, D.E. SHAW VENTURES, MGX, TPG & T. ROWE PRICE ARE JOINING FUNDING ROUND

  • OPENAI CFO FRIAR: THINK BY THE END OF THIS YEAR WE'L BE 50-50 ENTERPRISE AND CONSUMER

  • OPENAI CFO FRIAR: AS PART OF THIS ROUND, MICROSOFT IS COMING IN TO INVEST

  • OPENAI CFO FRIAR: WE HAVE TO BUILD A COMPANY THAT'S READY TO BE A PUBLIC COMPANY - THIS ROUND DE-RISKS

Source text: https://tinyurl.com/bdh2r6ku

Further company coverage: MSFT.O

((Reuters.Briefs@thomsonreuters.com;))

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