OpenAI CFO Sarah Friar talks Project Camellia
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CFO, OpenAI
Search every verified Sarah Friar interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Sarah Friar, chief financial officer of OpenAI, has been active in public engagements, discussing the company's growth, AI safety, and its expansion plans in Ireland and Georgia. In interviews with CNBC and Bloomberg, she reported that OpenAI's annualized revenue run rate grew to $50 billion by the end of September 2026, a 77% increase from the end of June, with total quarterly revenue growth exceeding 70% and business-to-business growth at 100%. She also described the company's new AI assistant, Dots, which was rolled out in September 2026, as a proactive agent available to prosumer and enterprise users. Friar discussed OpenAI's capital position, noting the company raised $122 billion in Q1 and declined to comment on reports of a potential future fundraising round at a $1.4 trillion valuation, stating only that an IPO would occur at some point in the future. Friar has also addressed AI risk and community engagement. She described herself as a "tech optimist" and emphasized the importance of aligning around safety, citing instances where OpenAI held back model releases to complete additional safety and alignment work. She highlighted a "Defender Moment" in cybersecurity, stating that the company's Astra model scored 100% on the CyberBench benchmark and that OpenAI is working with partners to patch vulnerabilities, including in PHP, which she said underpins a large portion of websites. During an October trip to Georgia, she delivered a keynote at a summit in Springfield regarding Project Camellia, a proposed $20 billion AI data center campus in Effingham County. She stated that OpenAI is committed to listening to community input and announced a $2 million grant for the first phase of Atlas Park, a planned recreational area at a former sand mine site. In Ireland, where her company announced 450 new jobs, she discussed growing ChatGPT usage, noting that weekly usage in the country has more than doubled to 2.5 million people, and described European adoption of AI as trailing that of other regions. She also said that businesses using lower-cost Chinese AI models are taking cybersecurity risks.
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Few companies have as much influence over AI’s trajectory as OpenAI. Masters of Scale host Reid Hoffman sits down with CFO Sarah Friar to understand the precipice of the moment we are in and the decisions that could shape what comes next for each of us. This conversation was recorded live as part of Masters of Scale Summit on October 21, 2026, at the Presidio Theatre in San Francisco. Chapters: 0:00 Introducing Sarah Friar 1:01 What is the age of AI? 2:42 Ads, growth, and why free AI matters 3:47 AI cyber risk and the PHP vulnerability fix 5:04 Pacing the frontier 8:22 Trust is earned: AI in…
OpenAI’s chief financial officer Sarah Friar joins us to discuss the company’s growing ambitions in Ireland, where weekly ChatGPT usage has more than doubled to 2.5 million people. She outlines plans for 450 additional jobs, the prospect of Irish data centres and how AI could transform businesses. But with mounting concerns over cyber security, rogue AI agents and the vast cost of infrastructure, can OpenAI deliver on its promises while building a sustainable business? 00:00 - OpenAI CFO on Ireland's Leading AI Adoption and Growth 03:31 - OpenAI's Significant Job Creation in Ireland's AI Sec…
Will artificial intelligence replace our jobs, or change the way we work? OpenAI Chief Financial Officer Sarah Friar joins Ireland AM to discuss the future of artificial intelligence, its impact on employment and the company's growing presence in Ireland. Originally from County Tyrone, Northern Ireland, Sarah reflects on her journey to Silicon Valley and OpenAI's plans to create 200 additional jobs in Ireland, including roles in engineering, sales and operations. She also discusses concerns surrounding AI, the importance of regulation, and why she believes the technology has the potential t…
Executives from OpenAI, Nvidia and Microsoft participate, among others, in the International Artificial Intelligence Summit that begins this Wednesday in Dublin. Micheál Martin, Taoiseach (prime minister) of the Republic of Ireland, is in charge of inaugurating this summit, which also includes European Commissioner Henna Virkunnen, Demis Hassabis -Google Deepmind-, Sarah Friar -OpenAI-, Brad Smith - Microsoft-, Robin Colwell -Intel-, Charlotte Baylac de La Codre -Mistral-, Jason Lynch -Equal1, and Deepu Talla -NVIDIA-. #microsoft #nvidia #openai ➤More news: https://www.rtve.es/noticias…
Businesses opting to use low-cost Chinese artificial intelligence models are taking a cybersecurity risk, said OpenAI Chief Financial Officer Sarah Friar, echoing concerns from rival Anthropic. OpenAI and Anthropic are under pressure from advances among open-weight AI models, particularly emerging from China, which allow users to download and run their parameters on their own hardware. These offerings are generally cheaper than the top-flight options from US companies and, for some tasks, almost as good. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-…
Fresh off the announcement of a further 200 jobs in OpenAI’s Dublin offices, Sarah Friar, chief financial officer, joins Charlie Taylor to discuss the future of the company in Ireland. Friar speaks candidly about choosing Ireland as the company’s European HQ, citing government support and chip development as key reasons for the company’s trust in Ireland. Friar elaborates on OpenAI’s education programmes at the University of Limerick and plans to broaden the scheme across the country in hopes of creating their own workforce of the future. Her conversation with Charlie covers the importance of…
OpenAI, OpenAI news, OpenAI CFO, OpenAI revenue, OpenAI IPO, OpenAI AI agents, AI agents, OpenAI business, OpenAI funding, OpenAI valuation, OpenAI stock, AI stocks, artificial intelligence, AI investing, tech stocks, US stocks, stock market, OpenAI latest news, OpenAI financials, AI industry, Sam Altman, OpenAI investment #️⃣ Hashtags #OpenAI #AI #AIAgents #ArtificialIntelligence #TechStocks #AIStocks #StockMarket #Investing #OpenAIIPO #OpenAINews #USStocks #Technology This video features CNBC correspondent Kate Rooney interviewing OpenAI CFO Sarah Frier at their demo day in San Francisco.…
OpenAI CFO Sarah Friar joins CNBC's Kate Rooney and 'Closing Bell' to talk the company's developer day, AI safety concerns, a possible IPO timeline, and much more.
OpenAI CFO Sarah Friar discusses the company's new proactive assistant Dots. Speaking with Ed Ludlow on "Bloomberg The Close," Friar also says OpenAI is "really well capitalized." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: / bloombergtv Facebook: / bloombergtelevision…
OpenAI CFO Sarah Friar joins 'Mad Money' host Jim Cramer for a wide ranging interview including mounting concerns around AI safety, OpenAI's position when it comes to pulling back on advancement, usage trends, and much more.
Every CEO is being asked to make decisions about AI before there is a reliable playbook for what comes next. Where to invest. How to create business value. Which risks to take. What to automate. And what should remain fundamentally human. That makes experience a more complicated asset. The past may offer fewer obvious answers, but the judgment built through years of operating across different environments may become even more valuable. Few executives embody that challenge better than Sarah Friar, CFO of OpenAI. Her career has taken her from metallurgy and mining in Ghana to Goldman Sachs, Sa…
“Um, but they're very powerful in areas like cyber. Um, the bad guys are getting access to very powerful Chinese models. We need to make sure the good guys, the defenders have the tools. This morning the journal just ran an article about PHP where we've been working with them since the end of the summer when we discovered using actually a N minus one model 56 a set of vulnerabilities in PHP which really means the inte”
“My job is to exactly make sure that there's always a business case for any investment that we do. And if you look at to date, we've actually done a very good job of proving that there is a massive business model here. Our Q3 was a total barnstormer, whatever the right term is, of a quarter, right? We just grew our ARR, our annualized revenue run rate grew 77% from the end of June to the end of September... To $50 bil”
“Yeah. So let me take that. But I want to just start on the social media because I view social media as very extractive technology. What I mean by that is the first thing you do when you get on social media is it asks you for something. Usually your who do you know, right? Like put that in because otherwise the network doesn't really work well for you or for them. In AI, it's actually a very giving technology. The fir”
“Trust is everything. If we don't have trust, we lose the license to operate. So it's always at the soul of OpenAI is how do we think about safety and alignment when we roll out models? Astra, our frontier model right now is our most aligned model. But we hold back sometimes. So we talk about pacing the frontier. We have a model right now sitting inside our four walls that we haven't released even though that's the mo”
“The pace of change is just skyrocketing and it's exciting to see it. When we look here in Europe, we see the pace of now agentic adoption is what's picking up. So people are going from asking to really doing and getting help just in their day-to-day lives as consumers but also as people working inside of companies too. So breadth has gone to depth here in Europe. Our research shows that if you look at output tokens a”
“You know, we are so in the early stages of AI that I find it really hard to say there's bubble being created right now. Markets can be volatile and you know, so you get like you can get ups and downs, but I tend to find when you look back in history, that thing that maybe felt like a big down turns out to be a little ripple on what isn't just an ever upward path. The best analogy I think to AI today is electricity. A”
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