12:43 PM EDT, 05/28/2025 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI's restructuring plans offer potential for the sale of shares to the public, Reuters reported Wednesday, citing OpenAI Chief Financial Officer Sarah Friar.

OpenAI's restructuring "gets us to an IPO-able event, if and when we want to," the executive said Wednesday at the Dublin Tech Summit, according to the report. "Nobody tweet in this room that Sarah Friar just said anything about OpenAI ultimately going public. I did not. I said it could happen."

Any decision on an IPO would also depend on the state of public markets and the readiness of the company, Friar said, according to the report.

OpenAI and Microsoft ( MSFT ) didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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