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OpenAI CFO: Future prospects for IPO and promotion of AGI development, AI sector becomes the focus of US-China game.
OpenAI CFO Sarah Friar was invited for an exclusive interview at the Davos Economic Forum on 1/21, discussing OpenAI's future technological development and IPO plans, while sharing views on the AI competition between the U.S. and China.
OpenAI's breakthrough in reasoning models is a step towards powerful AGI.
Friar first stated that OpenAI has made significant breakthroughs in the field of inference models in 2024. Through the O1 inference model and previewing O3, OpenAI is moving towards more powerful Artificial General Intelligence (AGI). Currently, these models have been extensively applied in difficult areas such as deep medical research. Friar cited the application of OpenAI's inference model in drug molecule research, which helps shorten drug development time. In addition, these models can be widely applied in industries such as customer relationship management and scientific research in the future.
In addition, AI agents have completely changed the way we work and live. In the future, they can assist with daily chores such as ordering food and financial management. They can also provide efficient solutions in the workplace, such as software development and customer management.
The AI competition between the US and China has become a focus, and the technology race is heating up.
Regarding the views on the competition between the United States and China in AI, Friar stated that China is currently investing heavily in the technological development and innovation of AI, and regards AI as a key area for economic growth and national defense. However, Friar added that current US President Donald Trump has also shown a high level of concern for AI and is willing to adopt more open regulation and policies to promote the development of AI technology.
Friar mentioned that the competition between the United States and China is not just limited to the linguistic level, but exists in the actual technological game. She said that the United States needs to accelerate the expansion of infrastructure, including economic, technological, and other educational resources, to maintain its leading position in the global AI competition.
OpenAI's future IPO plans and structural transformation
OpenAI, which previously sparked controversy due to corporate restructuring, may have its first initial public offering (IPO) in the future, emphasizing long-term development, according to Friar. Friar added that OpenAI has already raised $6.6 billion from well-known tech companies such as Microsoft and reached a valuation of $157 billion. In order to further improve the efficiency of capital utilization, OpenAI is also evaluating the possibility of transforming from a non-profit organization to a public benefit corporation (PBC).
(OpenAI CFO: AI is no longer an experiment, major banks like JPMorgan and BBVA are actively adopting it)
This article OpenAI CFO: Expected to IPO in the future and promote the development of AGI, the AI field has become a focus of competition between the United States and China, first appeared on Chain News ABMedia.