00:00OpenAI CFO Sarah Fryer confirmed the company will reserve shares for individual investors in its anticipated IPO, citing strong retail
00:09demand from its latest funding round, which raised three times its $1 billion target and the largest private placement J
00:17.P. Morgan, Morgan Stanley and Goldman Sachs have ever executed.
00:20The company, valued at $852 billion, sees going public as a practical necessity at its scale, unlocking convertible and investment
00:30-grade debt to help fund a planned $600 billion spend on semiconductors and data centers over the next five years.
00:38On the business side, Enterprise now accounts for 40% of revenue and is on track to match consumer revenue
00:45by end of 2026.
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