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US Business · cnbc.com · Thursday, 27 August 2026

OpenAI loses data center chief Chris Malone, its third exec exit in weeks

OpenAI's data center chief, Chris Malone, is out after just 18 months, joining a wave of executive exits ahead of its expected IPO. He oversaw a footprint meant to hit roughly $600 billion in compute spend by 2030, so his departure lands at a fragile moment. It also hits as data centers become an election-sleeper issue in Washington. OpenAI says the team it has is "strong" and "deeply experienced," but investors are watching the churn closely at an $852 billion valuation.

Read the source: cnbc.com ↗In the 27 August issue →