ChatGPT owner OpenAI said on Monday it has filed paperwork with the Securities and Exchange Commission to make an initial public offering (IPO).
"It may be a while because there are things we want to do that are likely easier as a private company," the artificial intelligence company said in a statement.
Monday's announcement comes just a week after rival Anthropic, the maker of Claude AI, did the same and days before Elon Musk's SpaceX, which merged with his xAI company in February, is set to hit the public market.
The AI company race to hit Wall Street
An IPO allows investors to buy shares in a company for the first time and is one of the fastest ways for firms to raise capital.
