OpenAI CFO says Microsoft deal boosts capital raising efficiency

OpenAI CFO says Microsoft deal boosts capital raising efficiency

RIYADH (Reuters) –OpenAI‘s Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week’s deal with Microsoft allows the company to continue raising capital in a much less complex manner.

Friar also said that OpenAI’s intention to collaborate with governments globally to deploy its technology could enhance the United States’ soft power.

(Reporting by Federico MaccioniWriting by Tala RamadanEditing by David Goodman)

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