US EditionOpenAI Hires Former xAI CFO Mike Liberatore as Business Finance Officer
Mike Liberatore, with experience in major tech finance, joins OpenAI amid its $300 billion infrastructure spending and rising rivalry with Elon Musk's ventures.
- OpenAI hired Mike Liberatore, former CFO of Musk’s xAI, as its business finance officer on Tuesday to oversee infrastructure spending.
- After spending three months as CFO at xAI, Liberatore was hired by OpenAI amid intensifying tensions involving Elon Musk and OpenAI's CEO, Sam Altman.
- Liberatore helped arrange xAI’s $5 billion debt sale and approved major data center expansions before his departure amid other executive exits.
- OpenAI’s nonprofit owner recently announced it will maintain oversight with an equity stake exceeding $100 billion as the company is valued near $500 billion.
- Liberatore reports to OpenAI CFO Sarah Friar and works with Greg Brockman’s team managing contracts and capital for cloud computing initiatives.
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OpenAI hires xAI's former finance chief
OpenAI CEO Sam Altman (left) and Elon Musk (right).Halil Sagirkaya/Anadolu via Getty Images; Marco Ravagli/Future Publishing via Getty ImagesOpenAI hired xAI's former finance chief, Mike Liberatore, as a senior finance exec.Mike Liberatore begins his new role at OpenAI on Tuesday, a company spokesperson said.Liberatore's move comes after a three-month stint as xAI's CFO.OpenAI has just hired the former finance chief at xAI as a senior finance ex…
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The HinduOpenAI hires former xAI CFO Mike Liberatore as business finance officer
OpenAI has hired Mike Liberatore, former finance chief at Elon Musk's xAI, to be the artificial intelligence startup's business finance officer, responsible for overseeing its AI infrastructure, a company spokesperson told Reuters on Tuesday.Liberatore, who left xAI in July after just three months on the job,
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