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2026-11-07 01:20:26
[OpenAI CFO: Data Center Investments Won't Change Due to Midterm Election] OpenAI CFO Sarah Freer stated in an interview with CNBC on Friday that the company will not alter its AI infrastructure investment plans due to the US midterm election results. It will continue to collaborate with major hyperscale cloud service providers and meet AI customer needs through financing. She believes the election results will not significantly change the company's business, but with increased attention on data centers, OpenAI will continue to strengthen communication and build trust with local communities. In this midterm election, of the 41 local data center-related votes in 10 states, only one did not support measures to restrict construction or opposed measures to support development. Voters were primarily concerned about data centers driving up electricity costs, damaging the environment, and impacting jobs. Freer stated that OpenAI secretly filed for an IPO with the SEC in June and is considering a 2027 listing, while also negotiating a new round of financing at a pre-money valuation of $1.25 trillion. She emphasized that the demand for AI is real and continues to grow.
