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OpenAI CEO and CFO Diverge on IPO TimingExclusive

OpenAI CEO and CFO Diverge on IPO Timing

Sam Altman has committed OpenAI to spend $600 billion in the next five years and privately said he wants to go public as soon as the fourth quarter despite expectations his company will burn more than $200 billion before it starts generating cash. Behind the scenes, Sarah Friar, his chief financial officer, has voiced concerns that reflect the tensions and risks inherent in the CEO’s extraordinarily ambitious plans.

OpenAI CFO Questions 2026 IPO Readiness

The company plans to spend billions of dollars in advance to finance data centers it would use.

OpenAI Apps Chief To Take a Short Medical Leave, Announces Broader Reorganization

Simo also announced a number of other executive changes.

Microsoft Hit Copilot Sales Goals in March Quarter, Commercial CEO Tells Staff

Commercial CEO Judson Althoff did not disclose what the goal was, but called it “audacious," this person said.

SpaceX Delays Next Starship Test Launch Again

The first test since October 2025 is now planned for the first two weeks of May, approximately a month before SpaceX hopes to go public.

OpenAI’s Fidji Simo Pushes Company to Stay Out of Social Media

Simo was a key figure behind OpenAI's decision to acquire popular daily tech podcast TBPN.

Pentagon Appeals Judge’s Order Pausing Anthropic Blacklisting

The Ninth Circuit Court of Appeals will review Judge Rita Lin's order and decide to either uphold it or overturn it.

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OpenAI Buys ‘TBPN'

The acquisition follows an effort by OpenAI to limit new projects.

Amazon in Talks to Acquire Globalstar

Buying Globalstar would give Amazon a way to compete with SpaceX’s Starlink Mobile service.

Microsoft Releases AI Models for Transcription, Speech, Image Generation

The release builds on the small but growing catalog of models Microsoft has trained internally as it aims to become more self-sufficient in AI.

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Tesla Vehicle Deliveries Climb 6% Year-Over-Year

The slight year-over-year rebound in vehicle sales comes as CEO Elon Musk says he’s shifting Tesla’s focus to humanoid robots and the driverless Cybercab vehicle, but the company has yet to start selling either product.

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