{"id":145500,"date":"2026-08-19T23:15:09","date_gmt":"2026-08-19T23:15:09","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/145500\/"},"modified":"2026-08-19T23:15:09","modified_gmt":"2026-08-19T23:15:09","slug":"openai-cfo-tells-employees-public-debut-coming-by-2027","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/145500\/","title":{"rendered":"OpenAI CFO Tells Employees Public Debut Coming by 2027"},"content":{"rendered":"<p><a href=\"https:\/\/openai.com\/\" rel=\"nofollow noopener\" target=\"_blank\">OpenAI<\/a> \u201cwill be a public company in 2027,\u201d if not sooner, Chief Financial Officer <a href=\"https:\/\/www.linkedin.com\/in\/sarah-friar\" rel=\"nofollow noopener\" target=\"_blank\">Sarah Friar<\/a> told employees Wednesday (Aug. 19) during an all-hands meeting, CNBC <a href=\"https:\/\/www.cnbc.com\/2026\/08\/19\/open-ai-ipo-timing-2027-friar.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail\" rel=\"nofollow noopener\" target=\"_blank\">reported<\/a>, citing unnamed sources.<\/p>\n<p>Friar said OpenAI could make its public debut this year if \u201cour business continues to inflect,\u201d Friar said, according to the report.<\/p>\n<p>She also told employees there is no reason to worry if <a href=\"https:\/\/www.anthropic.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Anthropic<\/a>, OpenAI\u2019s chief rival, goes public first because \u201cwe are running our own race,\u201d per the report.<\/p>\n<p>Friar said that OpenAI\u2019s revenue run rate is up 35% so far this quarter, its enterprise revenue run rate is up 50%, and its AI coding and work product has reached 20 million weekly active users, according to the report.<\/p>\n<p>OpenAI did not immediately reply to PYMNTS\u2019 request for comment.<\/p>\n<p>Both OpenAI and Anthropic have filed confidential paperwork to <a href=\"https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/openais-revenue-run-rate-tops-40-billion-as-ipo-nears\/\" rel=\"nofollow noopener\" target=\"_blank\">go public<\/a>. Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-08-13\/openai-s-revenue-run-rate-tops-40-billion-ahead-of-ipo?utm_source=website&amp;utm_medium=share&amp;utm_campaign=email\" rel=\"nofollow noopener\" target=\"_blank\">reported<\/a> Aug. 13 that Anthropic is expected to reach the market as soon as this fall.<\/p>\n<p>OpenAI said June 8 that it had submitted a confidential S-1, a registration statement required for an <a href=\"https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/openai-confidential-ipo-filing-joins-race-for-largest-public-listing-ever\/\" rel=\"nofollow noopener\" target=\"_blank\">initial public offering<\/a>, to the <a href=\"https:\/\/www.sec.gov\/\" rel=\"nofollow noopener\" target=\"_blank\">Securities and Exchange Commission<\/a>. The company said it had not decided on timing but that the move \u201cgives us the option to go public sooner if that ends up being best.\u201d<\/p>\n<p>It was reported Tuesday (Aug. 18) that Anthropic\u2019s <a href=\"https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/anthropic-beats-openai-in-revenue-for-first-time\/\" rel=\"nofollow noopener\" target=\"_blank\">sales<\/a> topped those of OpenAI for the first time in the second quarter.<\/p>\n<p>OpenAI told investors that its revenue grew by 18% and reached $6.7 billion in the second quarter, according to the report. Anthropic\u2019s revenue more than doubled and reached $11.6 billion in the second quarter, per the report.<\/p>\n<p>The report attributed the second quarter results to OpenAI\u2019s ChatGPT seeing a slowdown in growth, while Anthropic\u2019s Claude Code coding tool saw continued success.<\/p>\n<p>OpenAI told investors that its growth rate has accelerated during the current quarter, following the launch of new AI models in July, per the report.<\/p>\n<p>OpenAI told the public Tuesday that it is deliberately slowing down, with a two-week pause in reinforcement learning <a href=\"https:\/\/www.pymnts.com\/news\/artificial-intelligence\/2026\/openai-slams-the-brakes-as-meta-floors-the-gas\/\" rel=\"nofollow noopener\" target=\"_blank\">training<\/a> on models intended for deployment while the company hardened its research environments and expanded monitoring coverage. The company\u2019s largest planned frontier training run remains on hold.<\/p>\n<p>\u201cAs models become more capable, the risks associated with developing and testing them internally also grow,\u201d OpenAI said in a <a href=\"https:\/\/openai.com\/index\/pacing-model-development-cyber-capabilities\/\" rel=\"nofollow noopener\" target=\"_blank\">blog post<\/a>. \u201cWe wanted to take the time necessary to meet those standards, so we temporarily slowed the pace of scaling.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"OpenAI \u201cwill be a public company in 2027,\u201d if not sooner, Chief Financial Officer Sarah Friar told employees&hellip;\n","protected":false},"author":2,"featured_media":145501,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[24,138,66,157,310,311],"class_list":["post-145500","post","type-post","status-publish","format-standard","has-post-thumbnail","category-openai","tag-ai","tag-ipo","tag-news","tag-openai","tag-pymnts-news","tag-whats-hot"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/145500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=145500"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/145500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/145501"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=145500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=145500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=145500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}