OpenAI CFO tells investors funding round should close by next week despite executive departures
Summary
OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in a strong position and is poised to close a big funding round soon, despite losing top talent this week. Later that day, Sam Altman said two top research executives, Bob McGrew and Barret Zoph, were also leaving. "I wanted to personally reach out following the news of Miras departure from OpenAI," Friar wrote in the letter, which was viewed by CNBC. Friar added that, "We are incredibly proud of everything shes helped build," and said the San Francisco-based company still has a "talented leadership bench" to compete. "Collectively, we remain laser-focused on bringing AI to everyone and building sustainable revenue models that fuel our operations and deliver value to our investors and employees," Friar wrote.
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