OpenAI CFO vows continued data center spend after voters curbed projects in midterms
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On Friday at Pebble Beach’s Citi TMT Leadership Summit, OpenAI CFO Sarah Friar told CNBC interviewer Sara Eisen the company will keep funding AI infrastructure after Tuesday’s midterms, citing customer demand, ties to major cloud hosts, and capital raises. A Ballotpedia plus CNBC review found 41 local ballot measures across 10 states where voters backed curbs or rejected pro–data center moves in all but one; Thursday the Nasdaq posted its steepest slide in 19 months as AI-linked stocks fell amid financing worries and public pushback.
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