Nobody wants OpenAI shares on the secondary market
Nobody wants OpenAI shares on the secondary market
All Content from Business Insider | OpenAI's CFO says the company is passing on opportunities because it does not have enough compute by Thibault Spirlet
OpenAI's CFO, Sarah Friar, says a compute shortage is forcing the company to pass up opportunities.Bloomberg/Getty Images
OpenAI's CFO says the company is skipping opportunities due to limited compute in 2026.Friar says OpenAI is making "tough trades" as AI demand outpaces available capacity.OpenAI has pulled back from projects like Sora as it shifts resources to core AI products.OpenAI is turning down some opportunities this year because it doesn't have enough computing power to support them, according to its CFO Sarah Friar.
"We're making some very tough trades at the moment and things we're not pursuing because we don't have enough compute," Friar told ARK Invest CEO Cathie Wood in an interview released this week.
Compute limits force trade-offsRead the original article on Business Insider
Read more: https://www.businessinsider.com/openai-cfo-says-compute-crunch-is-forcing-tough-trade-offs-2026-4

Cathie Wood's ARK Invest conducts major portfolio restructuring amid Middle East war tensions, selling $41M in Meta shares following lawsuit defeat and $26M in Nvidia, while also liquidating Bitcoin ETF holdings as crypto prices retreat to one-month lows, marking a departure from her typical buy-the-dip strategy.
qwant news | Peter Thiel-Backed Crypto Platform Bullish Climbs 4.16% — But Cathie Wood Is Trimming Her Stake - Bullish (NYSE:BLSH) by undefined
Bullish, the digital‑asset platform backed by Peter Thiel, released its fourth‑quarter 2025 results on 5 February 2025. The company posted adjusted revenue of **$92.5 million** and adjusted EBITDA of **$44.5 million**, both up year‑over‑year, while its net loss widened to **$563.6 million**. Adjusted net income improved to **$28.9 million** despite a modest decline in digital‑asset sales, which fell to **$64.3 billion**. For 2026, Bullish forecasts subscription, services and other revenue of **$220 million–$250 million**, with adjusted operating expenses expected to run between **$210 million and $230 million**.
On Monday, Cathie Wood’s Ark Invest trimmed its position in Bullish, executing sales through its ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). ARKK sold **31,154 shares** and ARKW off‑loaded **8,208 shares**, amounting to roughly **$1.57 million** in total value based on Bullish’s closing price of $39.55. The divestment coincided with Bullish’s stock rising **4.16 %** that day, a move noted by Benzinga’s market‑tracking tools.
Other notable activity included purchases of 10X Genomics (TXG) by ARKG (14,380 shares) and ARKK (84,342 shares). Benzinga’s Edge Stock Rankings flagged Bullish as having a positive short‑ and medium‑term price trend. The story, compiled by Benzinga Neuro and edited by Shivdeep Dhaliwal, is provided for informational purposes only and does not constitute investment advice.
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