OpenAI CEO Sam Altman is at a pivotal moment as the company marches toward an IPO.
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The next phase of the AI race is on.With OpenAI's Monday confidential S-1 filing following in the footsteps of Antrhopic's, the two premiere AI labs are now officially in the IPO race. SpaceX, which includes Elon Musk's xAI, has a head start, and goes public later this week.While OpenAI left the door open on its timing, warning that "it may be a while" before it actually publicly lists its shares, the AI labs are moving from an era of closed-door tinkering as a private companies into the world of public earnings calls, financial disclosures, and the regulation that comes with being a publicly traded company.Is it a telling signal of just how much cash they're all burning? A chance to reward loyal employees who hold shares and help retain key AI talent? Something else?Here's what smart voices across Wall Street, tech, and the wider business world make of the ChatGPT maker's latest move:Aravind Srinivas, CEO of Perplexity
Perplexity CEO Aravind Srinivas
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