OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC

What happened: OpenAI will continue its US data-center expansion despite a Democratic midterm sweep that raised fears of tighter scrutiny, CFO Sarah Friar told CNBC. OpenAI also said it will stop using NDAs with public officials on future sites. Key numbers: Business grew 70 per cent quarter over quarter in Q3, with enterprise demand doubling. Why it matters: Friar said OpenAI is raising fresh capital, pushing back on suggestions it had scaled back fundraising ambitions amid the AI stocks selloff. Market turmoil is also raising questions about Anthropic's awaited IPO.

OpenAI will continue its US data-center expansion despite a Democratic midterm sweep that raised fears of tighter scrutiny, CFO Sarah Friar told CNBC. OpenAI also said it will stop using NDAs with public officials on future sites.

Friar said OpenAI is raising fresh capital, pushing back on suggestions it had scaled back fundraising ambitions amid the AI stocks selloff. Market turmoil is also raising questions about Anthropic's awaited IPO.