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 giantโs 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. โWe recently submitted a confidential S-1. We expect it to leak so weโre just announcing it,โ the companyโs post reads. โWe 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 itโs a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.โ Continue reading...