# OpenAI CFO Sarah Friar: IPO, AI Rivalries, New Device, and Spending $100B+ on Compute

Page: https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378/openai-cfo-sarah-friar-ipo-ai-rivalries-new-device-and-spending-100b-on-compute
Text version: https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378/openai-cfo-sarah-friar-ipo-ai-rivalries-new-device-and-spending-100b-on-compute.md
Podcast: [All-In with Chamath, Jason, Sacks & Friedberg](https://stenobird.com/podcast/all-in-with-chamath-jason-sacks-friedberg-1015378)
Published: 2026-06-02T14:31:00+00:00
Episode link: https://allinchamathjason.libsyn.com/openai-cfo-sarah-friar-on-ipo-ai-rivalries-new-device-and-spending-100b-on-compute
Audio file: https://dts.podtrac.com/redirect.mp3/traffic.libsyn.com/secure/allinchamathjason/Friar_Ch.mp3?dest-id=1928300
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JSON: https://stenobird.com/v1/public/podcasts/all-in-with-chamath-jason-sacks-friedberg-1015378/episodes/openai-cfo-sarah-friar-ipo-ai-rivalries-new-device-and-spending-100b-on-compute
Duration seconds: 1922

## Resource

(0:00) OpenAI CFO Sarah Friar joins the show! (0:31) How OpenAI thinks about its IPO timeline (3:31) OpenAI, Anthropic, Google: The AI arms race (7:43) Navigating the compute crunch and AI bottlenecks, device preview! (15:53) OpenAI's economics (26:08) Push into chips, the cloud (29:32) OpenAI's ad business and strategy Thanks to our partners for making this possible! EY - Agentic AI is introducing a new investment discipline. As AI shifts to consumption-based models, EY connects spend to enterprise value. https://www.ey.com/en_us/insights/ai/agentic-ai-token-costs?WT.mc_id=3501318&AA.tsrc=sponsorship NYSE - Thank you to our partner, the New York Stock Exchange - a modern marketplace and exchange for building the future. It all happens at the NYSE. https://www.nyse.com Plaud - Never miss a moment. Plaud, our official wearable AI note-taking partner at All-In Liquidity Summit, captured every insight. https://www.plaud.ai Follow Sarah Friar: ⁠https://x.com/thefriley⁠ Apply for Summit 2026: ⁠https://allin.com/events⁠ Follow the besties: ⁠https://x.com/chamath⁠ ⁠https://x.com/Jason⁠ ⁠https://x.com/DavidSacks⁠ ⁠https://x.com/friedberg⁠ Follow on X: ⁠https://x.com/theallinpod⁠ Follow on Instagram: ⁠https://www.instagram.com/theallinpod⁠ Follow on TikTok: ⁠https://www.tiktok.com/@theallinpod⁠ Follow on LinkedIn: ⁠https://www.linkedin.com/company/allinpod⁠ Intro Music Credit: ⁠https://rb.gy/tppkzl⁠ ⁠https://x.com/yung_spielburg

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