OpenAI CFO: $120B funding raise in sight as IPO reports swirl

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: OpenAI is on track to raise $120 billion in a funding round backed by a broad mix of investors, CFO Sarah Friar said Tuesday in a CNBC interview. The effort has expanded to include investors such as T. Rowe Price, D.E. Shaw Ventures, TPG, and Abu Dhabi’s MGX, Friar told CNBC’s Jim Cramer, who called it “the most successful fundraising round in history.” The c ...