OpenAI confidentially files for initial public offering on US stock market

Guardian Tech

OpenAI confidentially files for initial public offering on US stock market

ChatGPT maker expected to be valued at more than $850bn, one of most highly valued listings in market history OpenAI has filed confidentially to go public on the US stock market, according to a company blogpost published on Monday. The artificial intelligence giant’s debut on Wall Street is expected to be one of the most highly valued listings in market history with a valuation at more than $850bn. “We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it,” the company’s post reads. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.” Continue reading...

Go to News Site

Google Play

App Store