OpenAI CFO Pushes to Delay IPO Amid Revenue Concerns

A new Wall Street Journal report suggests that OpenAI’s CFO, Sarah Friar, is urging the company to delay its planned 2026 IPO until 2027 due to missed revenue targets and massive spending commitments. Friar has reportedly warned that OpenAI is not yet ready for the strict reporting standards required of public companies, especially as it faces enormous data center costs and growing competition from Google and Anthropic. Internal projections indicate OpenAI could lose tens of billions in 2028, raising concerns about its long-term financial stability. Despite CEO Sam Altman’s push to accelerate the IPO, Friar is said to be advocating for tighter spending and a slower path to going public.

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