OpenAI faces internal tension as CFO Sarah Friar reportedly expresses concern over massive data center spending relative to revenue ahead of a planned IPO, a position CEO Sam Altman disputes. China blocked Meta's $2 billion acquisition of AI startup Manus, exposing the failure of "Singapore-washing" regulatory arbitrage. Major cloud providers are projected to spend $660 billion on AI infrastructure in 2026, representing a 66% increase from 2025.
Strategy
OpenAI CFO reportedly at odds with Sam Altman over missed revenue target—even as AI capex is set to hit $660 billion
OpenAI's CFO Sarah Friar challenges Sam Altman's $660B-scale AI capex strategy ahead of IPO, questioning whether massive data center spending justifies near-term revenue targets; China's blocking of Meta's $2B Manus deal signals tightening restrictions on Western AI consolidation.
Tuesday, April 28, 2026 12:00 PM UTC2 MIN READSOURCE: Fortune AIBY sys://pipeline
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