From CNBC: 2024-09-26 23:28:45

OpenAI’s Sora AI tool enables AI-generated videos from text inputs. CFO Sarah Friar assures investors of strong position despite top talent departure. Company in final stages of closing $6.5 billion funding round. Thrive Capital leading round with plans to invest $1 billion. Team to introduce key leaders to investors via calls soon.

Departures of top executives like CTO Mira Murati impacted OpenAI. Former CEO Altman briefly removed in past. Team brings in new leaders like Chen for research and Weil to push boundaries. Friar assures excited focus on AI accessibility and value for investors, employees in the future.

Altman denies rumors of receiving giant equity stake, calls reports untrue. Friar emphasizes focus on investors’ concerns about Altman’s equity in the company. Top executives leaving OpenAI prompted new appointments to lead team’s innovation and growth. Company poised to continue AI development journey.

Read more: OpenAI’s CFO says funding round should close by next week in letter