OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure scarce computing power to meet surging AI demand. OpenAI’s recent $122 billion round has given the company “a lot of optionality,” Friar told Bloomberg TV in an interview, but added that futur...
OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure scarce computing power to meet surging AI demand. OpenAI’s recent $122 billion round has given the company “a lot of optionality,” Friar told Bloomberg TV in an interview, but added that future fundraising will depend on demand, revenue growth, cash flow and the gap between the computing power OpenAI needs and what it can afford. She also said public markets could be an attractive fundraising avenue over time because they are “significantly bigger” than private markets and could allow the company to tap a wider range of financing options. The comments highlight the central tension facing OpenAI and the broader artificial intelligence boom: Demand for its products is accelerating , but the infrastructure needed to support that growth remains scarce and expensive. Friar said OpenAI has more than 900 million weekly active ChatGPT users, its software engineering product Codex has surpassed 4 million users, and computing power remains a “huge competitive advantage” in a market where “there’s not a lot of compute in 2026.” “We’re going up a vertical wall of demand,” Friar said. She added that OpenAI’s enterprise sales team is “run ragged” by customers asking how to transform their businesses with AI, while banks are prioritizing the company’s cybersecurity model. Asked about a strained partnership with Apple Inc. and possible legal action, Friar said OpenAI wants to make the relationship work but declined to comment on litigation. Read More: Apple-OpenAI Alliance Frays, Setting Up Possible Legal Fight (2)
(Bloomberg) -- OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure computing power to meet surging AI demand.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, S...
(Bloomberg) -- OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure computing power to meet surging AI demand.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Tru
Researchers Theorize That Our Brains Are Building The Universe Authored by Steve Watson via Modernity.news, Developments in quantum physics and consciousness research are prompting scientists to reconsider the fundamental nature of reality. Several recent discussions highlight theories proposing that conscious experience may play a far more fundamental role than previously thought — potentially ge...
Researchers Theorize That Our Brains Are Building The Universe Authored by Steve Watson via Modernity.news, Developments in quantum physics and consciousness research are prompting scientists to reconsider the fundamental nature of reality. Several recent discussions highlight theories proposing that conscious experience may play a far more fundamental role than previously thought — potentially generating space-time itself. Popular Mechanics covered a provocative theory suggesting consciousness could be foundational. A bold theory suggests that consciousness generates space—meaning reality isn’t what it seems. Read the full story at the link below. 🔗: https://t.co/qEVnaL3yRL pic.twitter.com/EAKK5onbhA — Popular Mechanics (@PopMech) May 12, 2026 The full piece explores a 2025 paper by Uppsala University professor of materials science Maria Strømme, published in AIP Advances. Her model proposes consciousness as a universal, omnipresent awareness serving as a foundational field from which physical reality emerges. Strømme argues that “in the beginning, it was consciousness. Not individual minds, but something omnipresent, awareness itself. The universe—space, time, matter, stars, galaxies, our own sun, and distant worlds like Neptune—came later. Or rather, according to [this] controversial new theory, it came from that underlying form of awareness.” The theory reinterprets the Big Bang not as the origin of matter but as the differentiation of a unified field of awareness into the structured world of space, time, and matter. It draws on quantum field theory, emergence, symmetry breaking, and non-dual philosophy to suggest that the separation between mind and matter may not be fundamental. Your Brain Is the Architect of the Universe — And Your Consciousness Shapes Reality https://t.co/20wYVWtXo5 — Paul Quibell-smith 🔶 (@QuibellPaul) May 12, 2026 New Scientist described a broader shift: “The idea that everything that exists can be built from the bottom up has long held sw...
EschCollection/DigitalVision via Getty Images Investment summary My previous investment thought on BlackLine ( BL ) was a buy rating as I was confident that the business would see healthy earnings growth given the new go-to-market strategy and the improved SAP partnership. I am now downgrading to a neutral rating. The business is not broken, and the product direction still looks better. But the gr...
EschCollection/DigitalVision via Getty Images Investment summary My previous investment thought on BlackLine ( BL ) was a buy rating as I was confident that the business would see healthy earnings growth given the new go-to-market strategy and the improved SAP partnership. I am now downgrading to a neutral rating. The business is not broken, and the product direction still looks better. But the growth acceleration I expected has not shown up yet. 1Q26 Earnings Update: Solid Quarter, But Not A Clear Growth Breakout I thought this was a solid quarter but also agree that this is not a game-changing quarter. Revenue was up ~10% y/y, slightly ahead of expectations, with subscription revenue up 9.6% y/y. The good news is that subscription revenue growth accelerated vs. 4Q25, but the issue is that growth is still not strong enough to support the case that BL has returned to the mid-teens growth profile I expected previously. There are some strong operating metrics, such as average new deal size growing 85% y/y and remaining performance obligations [RPO] being up 18% y/y to $1.1 billion. These are all great numbers to show customers are engaging with more of the platform, but they don’t give me the confidence to continue staying bullish. What I want to see is growth accelerate, and that did not happen despite all that was mentioned above. ARR really only grew by 8.5% y/y to $712 million, and net new ARR was only $10 million. One important data point here is that average subscription revenue per customer was $159.8K, up 12% y/y. This tells me BL is getting more value from larger customers, but it is still losing smaller customers. Platform Pricing And Verity AI From the bullish investors’ perspective, I think the focus in Q1 was really on the progress in platform pricing and AI usage. The idea is that if platform pricing can drive better price realization, more cross-selling, and higher AI usage, then BL has a path to better-quality growth (this was a part of my bull thesis ...