OpenAI says it will continue investing in AI data centers after the midterm elections
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OpenAI CFO Sarah Friar said that despite voters' broad opposition to data centers in the midterm elections, the company will continue investing in AI infrastructure to meet customer demand. According to Ballotpedia and CNBC statistics, of 41 local ballot measures in 10 states, all but one supported restricting or rejecting data center development. Friar also said OpenAI will continue to advance its plan to go public in 2027 and is in talks to raise funding at a $1.25 billion pre-money valuation.
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- Hacker News AIOpenAI will keep investing in AI data centers despite election results
OpenAI CFO Sarah Friar said the company will continue investing in AI infrastructure to meet customer demand, even after voters backed restrictions or rejected pro-development measures in all but one of 41 local ballot measures across 10 states. Friar said she doesn't think the election results dramatically changed anything for OpenAI, which published a policy blueprint and commitments for its company-owned data centers on Thursday, and said the company would continue to look into a 2027 IPO after its confidential June SEC filing. She also said OpenAI is in talks to raise funding at a $1.25 billion pre-money valuation.
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