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OpenAI Hires Former xAI CFO Mike Liberatore to Lead Business Finance for Infrastructure

The move strengthens OpenAI's finance bench for its expanding compute commitments.

Overview

  • Liberatore starts Tuesday as business finance officer, reporting to CFO Sarah Friar and working with Greg Brockman's team on compute contracts and capital.
  • He departed xAI in July after roughly three months as its chief financial officer.
  • During his brief tenure at xAI, he helped line up about $5 billion in debt and $5 billion in equity and approved data-center expansion near Memphis, Tennessee.
  • The hire follows OpenAI's recent restructuring that leaves its nonprofit parent with oversight and an equity stake reportedly exceeding $100 billion, alongside growing long-term compute deals including a reported $300 billion agreement with Oracle.
  • xAI has been in flux with high-level exits and large annotation layoffs, and Elon Musk's legal fight with OpenAI and Sam Altman is advancing toward a March 2026 federal trial in Oakland.