OpenAI CFO Sarah Friar Publicly Opposes Altman's Q4 2026 IPO Timeline — Excluded From Investor Meetings

BusinessToday·high signal

The Information reports that OpenAI CFO Sarah Friar told colleagues she doesn't believe the company is ready for a 2026 IPO, citing $600B in five-year spending commitments and potential $200B+ cash burn before positive cash flow. Altman has reportedly excluded Friar from investor conversations and financial decision meetings; Friar now reports to Fidji Simo rather than Altman. This is the most significant public leadership rift at OpenAI since the board crisis — a CFO contradicting the CEO's IPO timeline while being sidelined from financial planning signals deep structural tension at the $852B-valued company.