OpenAI revenue grew 70% in Q3, CFO says, targeting IPO next year

timshi_ai · x · 2026-11-07

OpenAI CFO Sarah Friar told CNBC that revenue grew 70% in Q3 and enterprise sales doubled in the quarter. She said this week's midterm results didn't change plans to target an IPO sometime next year, and OpenAI will keep investing in data centers to meet demand. Friar also wants to spread OpenAI's value creation to as many hands as possible, not just institutions.

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