Recently, OpenAI has faced a wave of executive departures, with the departure of three top-level managers drawing widespread attention. To alleviate investors' concerns, Chief Financial Officer Sarah Friar communicated positive messages to the public through an email.

OpenAI, ChatGPT, Artificial Intelligence, AI

In her email, she reiterated that OpenAI remains committed to developing artificial intelligence technologies that benefit investors, demonstrating the company's confidence in the future.

Friar revealed that OpenAI's current $6.5 billion funding round has been oversubscribed and is expected to be completed next week. This funding progress clearly indicates that despite executive changes, investors' confidence in OpenAI remains strong.

Additionally, OpenAI plans to convert its corporate structure to a profit-making entity to better drive company development and seek a valuation of over $150 billion. This transformation initiative not only brings greater flexibility to the company but also hopes to gain greater influence in the competitive AI market.

Regarding the departing executives, Friar specifically mentioned that former Chief Technology Officer Mira Murati, Research Head Bob McGrew, and Late Vice President Barret Zoph have left. Although these executives' departures undoubtedly pose challenges to the company, Friar emphasized that OpenAI still has a strong leadership team capable of continuing to lead the company forward.

As a new CFO who joined OpenAI just this June, Friar has brought a fresh perspective to the company. She hopes to promote further breakthroughs in the company's technology and market by enhancing investor confidence. Friar's remarks also aim to convey to the industry that despite some internal changes, the overall strategic direction and goals remain firm.

OpenAI's proactive financing strategy and structural adjustments following the executive departures demonstrate the company's resilience and determination.

Key Points:

💰 OpenAI's CFO states that the $6.5 billion funding round has been oversubscribed and is expected to be completed next week.

🚀 The company plans to become profit-driven, seeking a valuation of over $150 billion.

👥 Despite executive departures, the CFO reaffirms that OpenAI still has a strong leadership team.