OpenAI hires ex-xAI finance chief as spending pressures mount
OpenAI has hired Mike Liberatore, former finance chief at Elon Musk's xAI, as business finance officer. Reporting to CFO Sarah Friar, he'll help manage multibillion-dollar compute contracts. The move comes as OpenAI transitions toward a Public Benefit Corporation and ramps up infrastructure spending, with rivals like Meta also poaching top AI talent. Retail chatter remains active.