OpenAI prepares to file for IPO paperworkfile for IPO paperwork
OpenAI is preparing to file paperwork for an initial public offering in the coming days or weeks, with a public debut targeted for the fall, according to reports on Wednesday and Thursday.
The San Francisco company behind ChatGPT would become one of the most closely watched technology listings in years, as investors gauge demand for artificial intelligence firms and the business model behind them.
- OpenAI began in 2015 as a research group focused on building artificial general intelligence.
- The Bay Area has long been a center for company listings, from early internet firms to today’s AI startups.
- Public listings can force private tech companies to disclose far more financial detail than they do before an IPO.
