Bond.az reports that OpenAI may pursue additional capital raises following its recent $122 billion funding round, CFO Sarah Friar told Bloomberg.
Friar stated that the recent fundraising round, which she described as the largest private fundraising round ever, has provided the company with substantial flexibility.
Future fundraising decisions will be based on demand levels, revenue growth, cash flow, and the gap between OpenAI's computing needs and what it can currently afford.
The CFO noted that public markets could become an appealing option for raising capital in the future, as they are significantly larger than private markets and offer broader financing options.
The company faces ongoing challenges in securing sufficient computing resources as demand for AI services continues to rise.
Reports indicate OpenAI is preparing for a potential IPO this year, though doubts about revenue generation and spending commitments persist.
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