OpenAI CFO assures investors that midterm election will not derail IPO plans

OpenAI Chief Financial Officer Sarah Feller stated that the company's planned Initial Public Offering remains unaffected by the political shifts following the November 2026 US midterm elections. Speaking to CNBC on November 6th, Feller indicated that the company is prepared for various scenarios, asserting that nothing has significantly impacted their trajectory, while reaffirming the goal of going public next year. Feller also emphasized OpenAI's commitment to continued investment in large data centers, which the firm is rebranding as compute parks, noting that such infrastructure is vital for the AI industry's future. She mentioned ongoing collaborations with major hyperscale cloud service providers and the necessity of continued financing to meet client demands. Furthermore, Feller highlighted the company's strong financial health, citing a 70% revenue increase in the third quarter and a doubling of enterprise sales. Separately, OpenAI recently introduced new standards for responsible AI infrastructure, committing to cover all electricity costs and necessary grid upgrades, and publicly disclosed projected job creation. Feller expressed a personal desire for the IPO to allow broader access to the economic value generated by AI, questioning why only institutions should benefit.