OpenAI’s CFO Reportedly Wants to Delay the IPO from 2026 to 2027 - Gizmodo

According to the Wall Street Journal, Friar expressed concerns that OpenAI is not yet ready to comply with the rigorous reporting standards required of public companies. The delay is intended to allow the company more time to prepare its financial disclosures and internal controls.

In addition to the IPO timeline, Friar has sought to reduce OpenAI's spending on data centers, which have become a major expense as the company scales its AI infrastructure. The report describes Friar's efforts as an attempt to 'bridle' the cash outflow. OpenAI, which has raised billions in funding, has not publicly commented on the reported internal discussions.

The delay reflects broader challenges for high-growth AI companies transitioning to public ownership. The decision to postpone the IPO may signal a shift toward greater fiscal discipline at OpenAI as it matures.