OpenAI CEO Sam Altman revealed at the Internapalooza Conference that he was pressured into accepting a Goldman Sachs internship during his sophomore year before turning it down to work on his startup Loopt. OpenAI, which just closed a $7 billion share sale, is preparing a potential IPO valued at over $1 trillion in the second half of 2026, with Goldman Sachs among its underwriters. The company has hired over 100 former investment bankers from Goldman Sachs, JPMorgan and Morgan Stanley to train its AI models to build financial models. OpenAI plans to grow its workforce to 8,000 by year-end, and CFO Sarah Friar said she would no longer hire finance professionals who do not master AI tools like Codex.
Source: Read the original article
