OpenAI CFO: Data Center Investment Plans Unchanged by Midterm Results

Cointime update: OpenAI Chief Financial Officer Sarah Friel said Friday the company will not alter its AI infrastructure investment plans based on the U.S. midterm election results, and will keep working with major hyperscalers and raising capital to meet customer demand. She said OpenAI confidentially filed for an IPO with the SEC in June, is considering a 2027 listing, and is negotiating a new funding round at a $1.25 trillion pre-money valuation.