OpenAI confidentially files to go public in the US
OpenAI says it filed for an initial public offering in the US, but has not yet decided when it will launch.
ChatGPT creator OpenAI has confidentially filed for an initial public offering in the US, becoming the third major AI company this year to set up plans for a Wall Street debut.
OpenAI posted to X on Monday that it filed confidential paperwork with the US Securities and Exchange Commission, but had not decided when it would launch to the public.
“We expect it to leak so we’re just announcing it,” the company wrote. “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.”