Report: OpenAI plans to IPO as early as the fourth quarter of this year.

According to CNBC and The Wall Street Journal, OpenAI plans to conduct its first public offering as early as the fourth quarter of this year. However, there is disagreement between the company's CEO and CFO regarding the timing of the IPO, as the CFO believes that the company is not currently ready for a listing. Information indicates that OpenAI recently completed an unprecedentedly large round of private fundraising, totaling $12.2 billion, with a post-investment valuation of $85.2 billion. However, CFO Sarah Frayer is cautious about this, as she believes the company is not fully prepared in terms of processes and organizational preparation for going public and is concerned about the plan to invest a massive $600 billion over the next five years. It is reported that the market generally expects OpenAI to burn through over $200 billion before achieving positive cash flow. The contradictions between this aggressive expansion plan and the cautious financial strategy have caused differing opinions among senior executives on the risks and readiness of the company.