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Saturday 7 November 2026

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OpenAI to keep investing in AI data centres after US midterm elections

Chief financial officer Sarah Friar said OpenAI would rely on its hyperscaler relationships and continue raising capital to meet customer demand for AI infrastructure.

Sarah Friar speaking from a sofa on the MoneyConf stage, with audience silhouettes in front
Photo: MoneyConf, CC BY 2.0, via Flickr (cropped)

OpenAI will continue investing in AI data centres despite voter opposition to their construction in the 3 November US midterm elections, chief financial officer Sarah Friar told CNBC in an interview on 6 November.

Friar told CNBC’s Sara Eisen that OpenAI needed to keep investing to meet customer demand. She said its approach drew on relationships already built with hyperscalers, the large cloud providers that supply computing capacity.

The election results have also raised concerns elsewhere in the industry. Meta warned that US data centre projects could become harder after the vote. OpenAI has separately pledged to pay data centre power costs and seek local input.

Friar said OpenAI’s infrastructure approach “will continue to mean that we raise capital”.

Sources

Topics: Data centres, Foundation models

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