OpenAI Chief Financial Officer Sarah Friar said the company has no immediate plans to go public. Speaking at The Wall Street Journal’s Tech Live conference, she noted that growth and continued research remain the top priorities. Friar added that recent structural adjustments within the company should not be interpreted as preparation for a near-term listing.
The comments follow reports from Reuters indicating that OpenAI was considering laying the groundwork for an initial public offering that could value the company at as much as $1 trillion. OpenAI has rapidly expanded its commercial presence through generative AI products, including its flagship ChatGPT platform and enterprise tools, but Friar stressed that profitability is not the company’s current focus.
As competition intensifies across the AI industry, OpenAI continues to invest heavily in model development and infrastructure. The company’s stance suggests it intends to prioritize innovation and market expansion before pursuing any public offering.
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