Post by : Bianca Qureshi
Riyadh: OpenAI’s Chief Financial Officer Sarah Friar announced on Wednesday that the company’s latest deal with Microsoft will make it easier to raise funds, marking a key step in simplifying its financial operations as it scales globally.
Speaking at an event in Riyadh, Friar said the new structure “allows OpenAI to continue raising capital in a much less complex manner,” signalling a streamlined approach that could help accelerate the company’s long-term innovation plans.
The partnership strengthens OpenAI’s ties with Microsoft, already one of its biggest investors and technology partners. Analysts say this move reinforces the financial and operational stability needed to sustain OpenAI’s rapid growth amid the global AI race.
Friar also highlighted OpenAI’s growing engagement with governments around the world, noting that responsible deployment of AI technology could help enhance the United States’ soft power — reflecting how AI is increasingly intertwined with diplomacy and international influence.
As OpenAI deepens its collaboration with global institutions, the company appears focused on both advancing technology and shaping how artificial intelligence integrates into policy and society.
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