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Sam Altman on OpenAI's path to IPO, plus the tenth anniversary of Alphabet's restructuring 8/8/25

TechCheck

CNBC

Disruptors, Investing, Faang, Technology, Business, Management, Cnbc, Tech

4.856 Ratings

🗓️ 8 August 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

Sam Altman joined CNBC and discussed his path to IPO and OpenAI's new enterprise push. We look at why Silicon Valley startups have been staying private for longer and why OpenAI needs to catch up in enterprise. Plus, this weekend is the tenth anniversary of Google's reorganization under parent company Alphabet. Analysts say a break-up could unlock new value.

Transcript

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0:00.0

I totally get why people wish we were just a public company now and I have very conflicted,

0:07.0

not giving conflict, I have like negative feelings about how much growth happens in private markets

0:12.0

and how, you know, not every investor gets access to this phase of growth.

0:20.0

Whenever we do go public, if we ever go public, I think

0:23.1

there will be tremendous upside left in front of the company. That was OpenAI CEO Sam Altman

0:29.6

on Squawk Box this morning discussing the company's IPO potential here to discuss the CNBC contributor

0:35.2

and fortune contributing editor Mihal Levram.

0:37.8

Mihaal, what's the sentiment in Silicon Valley right now around this idea of open AI ultimately going public?

0:46.1

Well, Leslie, we are seeing bifurcated reality taking shape here.

0:50.8

On the one hand, you've got this really increasingly robust pipeline of companies,

0:56.0

you know, on the IPO wrote. And on the other hand, when it comes to kind of the open AIs,

1:02.3

the pure play AI companies, the frontier model, any sense of urgency is not really there,

1:08.4

any sense of urgency that we used to see, you know, from pressure

1:11.4

from employees and investors who want liquidity. There are rumors of a secondary share sale

1:17.4

that's coming up. Open-A-I can go to the investors and raise capital at any point that they

1:23.6

want. So there really isn't a big sense of urgency. By the way, also rumors of bonuses

1:29.1

that the company gave out just ahead of the GPT-5 launch. And I was able to confirm that there are

1:37.4

seven-figure bonuses going out to some employees, at least. So again, a lot of things we used to

1:43.3

see that kind of pushed companies towards the IPO route are not there for some of the pure play AI companies.

1:49.7

All that said, just a reminder that OpenAI CFO Sarah Fryer, she took Block Public, she took next door public.

1:56.9

So I do think it's on the horizon. Yeah, she's definitely a rock star. It was interesting,

2:02.1

you know, Altman this morning talked about this sort of new focus on enterprise growth. Let's

...

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