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OpenAI's CFO Sarah Friar has communicated to investors that the company remains strong despite recent executive departures. The current funding round, which values OpenAI at $150 billion, is oversubscribed and expected to close next week. Friar emphasized the company's commitment to AI innovation and sustainable revenue models.
The departure of key executives, including CTO Mira Murati, has raised concerns, but Friar reassured investors about the remaining leadership team's capabilities. OpenAI is backed by major players like Microsoft and has recently partnered with Apple for AI integration. The company is poised for growth, with plans to introduce key leaders to investors in upcoming calls.
• OpenAI's funding round values the company at $150 billion.
• CFO reassures investors about leadership stability despite executive departures.
OpenAI is currently closing a $6.5 billion funding round to support its operations and growth.
The funding round for OpenAI is oversubscribed, indicating strong investor interest.
OpenAI's Sora AI tool allows users to create AI-generated videos from text inputs.
The company is currently navigating executive changes while preparing for a significant funding round.
The company backs OpenAI, highlighting its commitment to advancing AI technologies.
The recent partnership with OpenAI aims to integrate AI capabilities into Apple's products.
It is leading OpenAI's current funding round, planning to invest $1 billion.
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