OpenAI has confidentially filed for an initial public offering, setting it up for what may be the most highly anticipated market debut in recent history and a massive payday for early investors.
OpenAI has confidentially filed for an initial public offering, setting up what may be the most highly anticipated market debut in recent history.
The filing comes after rival Anthropic announced plans to go public and ahead of SpaceX's debut set for Friday.
OpenAI was last valued at $852 billion but faces pressure to demonstrate it can generate cash to match that valuation.
AI-generated summary was reviewed by a CNN editor.
New York —
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