OpenAI CFO Sarah Friar clarifies the startup is not seeking a government "backstop" for its infrastructure deals, saying her use of the word "muddied the point" (Ashley Capoot/CNBC)

TechmemeThursday, November 6, 2025 at 4:50:01 PM
OpenAI CFO Sarah Friar clarifies the startup is not seeking a government "backstop" for its infrastructure deals, saying her use of the word "muddied the point" (Ashley Capoot/CNBC)

OpenAI CFO Sarah Friar clarifies the startup is not seeking a government "backstop" for its infrastructure deals, saying her use of the word "muddied the point" (Ashley Capoot/CNBC)

OpenAI's CFO, Sarah Friar, recently clarified that the company is not looking for a government 'backstop' for its infrastructure deals. This statement comes after some confusion regarding her previous comments, which she acknowledged may have 'muddied the point.' This clarification is significant as it highlights OpenAI's stance on maintaining independence in its operations and funding, which could impact investor confidence and the company's future partnerships.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Duolingo stock falls 25%+ after saying it expects bookings to range between $329.5M and $335.5M this quarter, falling short of a $344.3M estimate (Samantha Subin/CNBC)
NegativeArtificial Intelligence
Duolingo's stock has taken a significant hit, dropping over 25% after the company announced it expects its bookings for the quarter to be between $329.5 million and $335.5 million, which is below the anticipated $344.3 million. This shortfall has raised concerns among investors about the company's growth trajectory and financial health, making it a crucial moment for Duolingo as it navigates these challenges.
Microsoft to Pursue Superintelligence After OpenAI Deal
PositiveArtificial Intelligence
Microsoft is taking a bold step towards developing superintelligence, a more advanced form of AI, following its deal with OpenAI. This pursuit is significant as it aims to drive breakthroughs in critical fields like medicine and materials science, potentially transforming industries and improving lives.
Microsoft AI CEO Mustafa Suleyman lays out the company's plans to develop AI self-sufficiency from OpenAI, like releasing its own voice, image, and text models (Sebastian Herrera/Wall Street Journal)
PositiveArtificial Intelligence
Microsoft's CEO Mustafa Suleyman has unveiled ambitious plans for the company to achieve AI self-sufficiency, moving away from reliance on OpenAI. This includes the development of proprietary voice, image, and text models. This shift is significant as it positions Microsoft to innovate independently in the rapidly evolving AI landscape, potentially enhancing its competitive edge and offering unique solutions to its users.
Google says Ironwood, its seventh-gen TPU, will launch in the coming weeks and is more than 4x faster than its sixth-gen TPU; it comes in a 9,216-chip config (CNBC)
PositiveArtificial Intelligence
Google has announced the upcoming launch of its seventh-generation TPU, named Ironwood, which promises to be over four times faster than the previous generation. This significant upgrade, featuring a 9,216-chip configuration, positions Google to better compete with industry leader Nvidia in the AI and machine learning space. The advancements in processing power could lead to faster and more efficient applications, making it an exciting development for tech enthusiasts and businesses alike.
OpenAI achieves record growth, but no IPO in sight
PositiveArtificial Intelligence
OpenAI has reached a significant milestone by surpassing one million paying business customers, showcasing its rapid growth in the tech industry. Despite this achievement, the company continues to face financial challenges, as it is still operating at a loss. This news is important as it highlights the balance between growth and profitability in the tech sector, raising questions about the future direction of OpenAI and its potential for an IPO.
Sam Altman says he wants an AI to replace him as OpenAI CEO
PositiveArtificial Intelligence
In a recent episode of Conversations with Tyler, Sam Altman, the CEO of OpenAI, expressed his desire for an AI to eventually take over his role. This bold statement highlights the growing confidence in AI's capabilities and raises intriguing questions about the future of leadership in tech. Altman's vision reflects a transformative shift in how we perceive AI, suggesting that it could not only assist but also lead in various sectors. This conversation is significant as it opens up discussions about the ethical implications and potential benefits of AI in decision-making roles.
OpenAI Crosses 1 Mn Business Customers, Becomes ‘The Fastest-Growing Business Platform in History’
PositiveArtificial Intelligence
OpenAI has achieved a remarkable milestone by surpassing one million business customers, earning the title of the fastest-growing business platform in history. This achievement highlights the increasing demand for AI solutions in various industries, showcasing OpenAI's pivotal role in transforming how businesses operate. As more companies turn to AI for efficiency and innovation, OpenAI's growth signifies a broader trend towards digital transformation, making it a key player in the future of business.
OpenAI seeks government backing to boost AI investments
PositiveArtificial Intelligence
OpenAI, the leading private company in AI development, is reaching out to the US government for support in the form of loan guarantees to fund its ambitious infrastructure expansion, which is projected to exceed $1 trillion. This move is significant as it highlights the growing importance of AI technology and the need for substantial investment to drive innovation and maintain competitiveness in the global market.