OpenAI CFO says Microsoft deal boosts capital raising efficiency

Sarah Friar, Chief Financial Officer of OpenAI, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. REUTERS
RIYADH, Oct 29 (Reuters) – OpenAI’s Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week’s deal with Microsoft allows the company to continue raising capital in a much less complex manner.
Friar also said that OpenAI’s intention to collaborate with governments globally to deploy its technology could enhance the United States’ soft power.

Reporting by Federico Maccioni Writing by Tala Ramadan Editing by David Goodman

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