March 24 (Reuters) -
<ul>
<li>OPENAI CFO SARAH FRIAR: WE ARE GOING TO RAISE NORTH OF $120 BILLION - CNBC INTERVIEW</li>
<li>OPENAI CFO SARAH FRIAR: A16Z, D.E. SHAW VENTURES, MGX, TPG &amp; T. ROWE PRICE ARE JOINING FUNDING ROUND</li>
<li>OPENAI CFO FRIAR: THINK BY THE END OF THIS YEAR WE’L BE 50-50 ENTERPRISE AND CONSUMER</li>
<li>OPENAI CFO FRIAR: AS PART OF THIS ROUND, MICROSOFT IS COMING IN TO INVEST</li>
<li>OPENAI CFO FRIAR: WE HAVE TO BUILD A COMPANY THAT’S READY TO BE A PUBLIC COMPANY - THIS ROUND DE-RISKS Source text: here Further company coverage: (MSFT.O)</li>
</ul>

MSFT

OpenAI

MSFO

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MSFX

MSFY

- OpenAI's CFO, Sarah Friar, announced plans to raise over $120 billion in a funding round that includes investments from A16Z, D.E. Shaw Ventures, MGX, TPG, and T. Rowe Price.  
- Friar indicated that by the end of the year, the company aims for a 50-50 split between enterprise and consumer segments, with Microsoft also participating in this funding.  
- She emphasized the importance of preparing the company for a public offering, stating that this funding round will help de-risk the business.

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OpenAI CFO Sarah Friar Says We Are Going To Raise North Of $120 Billion - CNBC Interview