OpenAI hires ex-xAI CFO Mike Liberatore
OpenAI has hired Mike Liberatore, the former finance chief of Elon Musk's AI startup xAI, as its new head of business finance.
According to the company, Liberatore will oversee OpenAI's rapidly growing budget for data centers and infrastructure. He will report to CFO Sarah Friar and work closely with Greg Brockman's team, which manages contracts and investments tied to OpenAI's compute strategy.
At xAI, Liberatore helped organize a $10 billion funding round and led efforts to expand its data center footprint before leaving the company in July. OpenAI, recently valued at $500 billion, also signed a cloud deal worth $300 billion with Oracle.
AI News Without the Hype – Curated by Humans
Subscribe to THE DECODER for ad-free reading, a weekly AI newsletter, our exclusive "AI Radar" frontier report six times a year, full archive access, and access to our comment section.
Subscribe nowAI news without the hype
Curated by humans.
- More than 16% discount.
- Read without distractions – no Google ads.
- Access to comments and community discussions.
- Weekly AI newsletter.
- 6 times a year: “AI Radar” – deep dives on key AI topics.
- Up to 25 % off on KI Pro online events.
- Access to our full ten-year archive.
- Get the latest AI news from The Decoder.