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

Key Points

In an email to OpenAI’s investors, CFO Sarah Friar said the company still has a “talented leadership bench” following key departures this week.
Friar also says its current funding round, which sources say values OpenAI at $150 billion, was oversubscribed and set to close next week.
“Collectively, we remain laser-focused on bringing AI to everyone and building sustainable revenue models that fuel our operations and deliver value to our investors and employees,” Friar wrote.

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