OpenAI's CFO Aims to Reassure Investors Amid Funding Round Challenges

OpenAI’s Chief Financial Officer, Mira Murati, is working to reassure investors as the artificial intelligence company faces challenges in securing a highly anticipated funding round. The company, co-founded by Sam Altman, has been in discussions with potential investors, including Microsoft, for a new round of financing that could value OpenAI at around $30 billion. However, the talks have reportedly stalled due to concerns over OpenAI’s governance structure and the potential for conflicts of interest. Murati, a former executive at Tesla, is tasked with addressing these concerns and ensuring a successful funding round. OpenAI’s cutting-edge AI models, such as GPT-3 and DALL-E, have garnered significant attention, but the company’s long-term financial viability hinges on securing substantial funding to support its ambitious research and development efforts.

Source: https://www.businessinsider.com/openai-cfo-reassure-investors-funding-round-mira-murati-sam-altman-2024-9