Large index-tracking funds could soon gain automatic exposure to AI giants as companies such as OpenAI edge toward public markets.

OpenAI may file for an IPO this week, targeting a valuation above $1 trillion as it prepares for a possible September listing.

It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week.

Large index-tracking funds could soon gain automatic exposure to AI giants as companies such as OpenAI edge toward public markets.

OpenAI plans to file for an IPO soon, intensifying the AI industry's competition amid rising valuations and public scrutiny.

OpenAI, creator of ChatGPT, is set to confidentially file for an initial public offering in the coming weeks, potentially marking one of the largest AI company offerings.

A trillion-dollar valuation would also make OpenAI, which has yet to make a profit and will reportedly make $30bn in annualized revenue this month, the 14th biggest company in the…

OpenAI’s filing could shed light on the financial and existential risks at the heart of the AI boom.