TechFlow news, November 6 — According to the Wall Street Journal, OpenAI's Chief Financial Officer stated that OpenAI is not yet ready for an IPO. With a "very healthy" gross margin, OpenAI expects to achieve break-even and hopes for federal support in data center investments. The market should have greater confidence in the potential of artificial intelligence.
OpenAI CFO Sarah Friar said the market is overly worried and focused on a possible bubble in the AI sector, and should show more "enthusiasm" for the technology's potential. Friar said: "When I think about the real impact of AI and how it affects individuals, I don't think people are enthusiastic enough about AI. We should keep pushing forward." To support the construction of its AI data centers, OpenAI has entered into a series of major deals with NVIDIA and AMD, which have been criticized as "circular funding arrangements." However, Friar denied this circularity, stating, "What we're doing right now is building full infrastructure to bring more computing power into the world. I don't see this as circular at all. A lot of work last year was about diversifying the supply chain." (Jinshi)
